Futong Technology Development Holdings Limited provided earnings guidance for the six-month period ended 30 June 2022. It is expected that the loss attributable to Shareholders for the six-month period ended 30 June 2022 may record an increase of more than 60% as compared to that for the six-month period ended 30 June 2021. For the six-month period ended 30 June 2022, despite it is expected that the Group will record an increase in revenue of approximately 50-55% and a decrease in selling, administrative and financial expenses of approximately 5-10% due to the implementation of tight cost control measures, the profit margin ratio decreased from approximately 12% to approximately 5% due to lower selling prices were strategically offered for some projects.
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5-day change | 1st Jan Change | ||
0.39 HKD | +23.81% | +25.81% | +56.00% |
Mar. 21 | Futong Technology Development Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Feb. 05 | Futong Technology Development’s CEO Steps Down | MT |
1st Jan change | Capi. | |
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+56.00% | 15.56M | |
+95.45% | 106B | |
+3.66% | 30.52B | |
+5.18% | 23.21B | |
+11.60% | 20.01B | |
+3.31% | 13.93B | |
+5.41% | 11.9B | |
+17.38% | 10.79B | |
+13.59% | 9.98B | |
+11.98% | 8.96B |
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- Futong Technology Development Holdings Limited Provides Earnings Guidance for the Six-Month Period Ended 30 June 2022