KNT Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2024. For the year, the Group is expected to record a loss of not less than approximately HKD 25.0 million for the year ended 31 March 2024 before taking into account of further impairment or provisions, if any, that may be required to be made, as compared to a loss of approximately HKD 31.3 million for the year ended 31 March 2023. Based on the information currently available, the expected decrease in loss was mainly attributable to (i) the decrease in administrative expenses and selling and distribution expenses of the Group for the year ended 31 March 2024 as compared with last year; and (ii) the decrease in impairment loss recognised in respect of property, plant and equipment.
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5-day change | 1st Jan Change | ||
0.066 HKD | -1.49% |
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-4.35% | -82.40% |
19/06 | Hong Kong Shares Leap as Investors Eye China’s Market Reform Measures; PC Partner Closes 27% Higher | MT |
19/06 | KNT to Shrink Loss in Fiscal Year 2024; Shares Down 6% | MT |
1st Jan change | Capi. | |
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-82.40% | 7.22M | |
+46.29% | 989M | |
-27.35% | 850M | |
-11.58% | 423M | |
+45.99% | 413M | |
+10.92% | 416M | |
-8.16% | 261M | |
-47.35% | 234M | |
-47.45% | 232M | |
-2.44% | 98.25M |
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- KNT Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2024