Crosstec Group Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 31 December 2023. The Group is expected to record a consolidated net profit of approximately HKD 6.7 million for the Period as compared with a loss of approximately HKD 10.9 million for the six months ended 31 December 2022. The Board considers that the consolidated net profit of the Group for the Period was mainly attributable to (i) reversal of contract cost on modification of contracts of approximately HKD 6.3 million; (ii) the reversal of expected loss on onerous contracts of approximately HKD 6.4 million and (iii) a gain on early termination of a lease of approximately HKD 4.8 million during the Period.
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5-day change | 1st Jan Change | ||
0.49 HKD | +1.03% | -2.00% | +30.67% |
Apr. 15 | CROSSTEC Group Places Over 25.9 Million Shares | MT |
Feb. 29 | CROSSTEC Group Returns to Profit in Fiscal H1 | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+30.67% | 9.73M | |
+17.71% | 482M | |
-21.15% | 279M | |
-28.51% | 269M | |
-29.55% | 193M | |
-11.11% | 110M | |
+29.01% | 94.77M | |
0.00% | 50.86M |
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