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Tungtex Reports Reduced Losses Amid Improved Efficiency

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Tungtex Reports Reduced Losses Amid Improved Efficiency

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Tungtex (Holdings) Co ( (HK:0518) ) has shared an announcement.

Tungtex (Holdings) Company Limited has announced an expected reduction in net loss for the six months ending September 2025, with losses anticipated to be no more than HK$9.0 million, compared to HK$14.8 million in the previous year. This improvement is attributed to enhanced operational efficiency and cost management, although the figures are preliminary and subject to final audit and approval processes.

More about Tungtex (Holdings) Co

Tungtex (Holdings) Company Limited operates in the textile and apparel industry, focusing on the production and distribution of garments. The company is involved in the design, manufacture, and sale of a wide range of clothing products, catering to various market segments.

Average Trading Volume: 185,625

Technical Sentiment Signal: Sell

Current Market Cap: HK$89.31M

For detailed information about 0518 stock, go to TipRanks’ Stock Analysis page.

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