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 | ||
0.305 HKD | -1.61% | 0.00% | +22.00% |
21/03 | Futong Technology Development Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
05/02 | Futong Technology Development’s CEO Steps Down | MT |
1st Jan change | Capi. | |
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+22.00% | 12.35M | |
+73.05% | 94.77B | |
-0.43% | 29.08B | |
+1.24% | 22.18B | |
+9.55% | 19.74B | |
-6.96% | 16.07B | |
-3.56% | 13.07B | |
-3.88% | 10.77B | |
+13.24% | 10.38B | |
+15.62% | 10.08B |
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- Futong Technology Development Holdings Limited Provides Earnings Guidance for the Six-Month Period Ended 30 June 2022