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Express News | Teamway International - FY Revenue RMB252.9 Mln
TEAMWAY INTL GP: ANNOUNCEMENT OF ANNUAL RESULTS FORTHE YEAR ENDED 31 DECEMBER 2024
Why Investors Shouldn't Be Surprised By Teamway International Group Holdings Limited's (HKG:1239) 29% Share Price Plunge
TEAMWAY INTL GP (01239.HK) profit warning: it is anticipated that the losses attributable to the parent company's shareholders for the fiscal year 2024 will increase by 20% to 30%.
On March 12, Gelonghui reported that TEAMWAY INTL GP (01239.HK) announced that the group expects to record a loss attributable to equity holders of the parent company for the year ending December 31, 2024 ("2024 fiscal year") that will increase by approximately 20% to 30% compared to the loss attributable to equity holders of the parent company for the year ending December 31, 2023 ("2023 fiscal year") of about RMB 68.3 million. The announcement stated that this expected increase is mainly due to the following reasons: (i) a decrease in sales of packaging products and structural components due to weakened customer demand; and (ii) due to
Express News | Teamway International Group - Sees Increase in Loss Attributable by 20% to 30% for FY
TEAMWAY INTL GP: PROFIT WARNING