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BRAINHOLE TECH: ANNUAL REPORT 2024
Some Confidence Is Lacking In Brainhole Technology Limited (HKG:2203) As Shares Slide 30%
BRAINHOLE TECH: ANNOUNCEMENT OF FINAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
BRAINHOLE TECH (02203.HK) warns of a loss: expected annual net loss of 0.12 billion Hong Kong dollars to -0.13 billion Hong Kong dollars.
On March 27, Gelonghui reported that BRAINHOLE TECH (02203.HK) announced that for the year ending December 31, 2024, the group is expected to record a net loss of approximately 0.12 billion HKD to 0.13 billion HKD, compared to a net loss of approximately 34 million HKD for the year ending December 31, 2023. Based on currently available information, the Board of Directors believes that the increase in net loss for the year ending December 31, 2024, is primarily due to the following reasons: (i) ongoing tensions caused by global trade disputes and complex geopolitical issues, leading to a decrease in revenue and gross profit from the Semiconductors business, which in turn triggered.
Express News | Brainhole Technology Ltd - Expected Net Loss of HK$120 Mln to HK$130 Mln for 2024
BRAINHOLE TECH: PROFIT WARNING
