Launch Tech Company (HKG:2488) said its subsidiaries paid 68.2 million yuan to tax authorities, following certain tax law-related adjustments, according to a Wednesday filing with the bourse.
The company said it expects net profit for the current year to fall by the same amount, but added the impact will not be material to its operations.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments