Twintek Investment to Widen Loss in Fiscal 2024

MT Newswires Live05-24

Twintek Investment Holdings (HKG:6182) expects a net loss of between approximately HK$30 million and HK$37 million for the year ended March 31, up from HK$23.2 million in fiscal 2023, a Friday filing on the Hong Kong bourse said.

The seller of building materials attributed the anticipated rise in loss mainly to significantly lower revenue, and a delay in the progress of certain supply and installation projects.

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