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Twintek Forecasts Increased Annual Losses
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Twintek Forecasts Increased Annual Losses

Twintek Investment Holdings Ltd. (HK:6182) has released an update.

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Twintek Investment Holdings Limited anticipates a larger net loss for the fiscal year ended March 31, 2024, estimating a loss between HK$30.0 to HK$37.0 million, in contrast to the HK$23.2 million loss the previous year. Factors contributing to this increase include a significant revenue drop due to decreased contract values and delays in supply and installation projects. Investors are advised to exercise caution when dealing with the company’s securities.

For further insights into HK:6182 stock, check out TipRanks’ Stock Analysis page.

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