Shareholders May Be Wary Of Increasing Twintek Investment Holdings Limited's (HKG:6182) CEO Compensation Package
Twintek Investment Holdings Plans AGM
TWINTEK: ANNUAL REPORT 2024
Twintek Investment Logs Loss in Fiscal Year 2024
Twintek (06182.HK) annual total revenue decreased by about 45.9% to about 102.5 million Hong Kong dollars.
Twintek (06182.HK) announced that as of the fiscal year ending March 31, 2024, the total revenue of the company decreased by about 45.9% to approximately HKD 10.25 million. Due to the slump in the property market, the construction progress slowed down, and the fierce competition caused by the aggressive pricing strategy of competitors, the average contract amount of newly awarded contracts decreased, resulting in a decrease in revenue. The group's net loss increased from approximately HKD 23.2 million in the previous year to approximately HKD 36.7 million in the current year.
Express News | Twintek Investment Holdings FY Gross Profit HKD 9.4 Million
Express News | Twintek Investment Holdings FY Net Income HKD -36.7 Million
Express News | Twintek Investment Holdings FY Gross Margin 9.2%
Express News | Twintek Investment Holdings FY Revenue HKD 102.5 Million
TWINTEK: ANNUAL RESULTSFOR THE YEAR ENDED 31 MARCH 2024
Twintek (06182.HK) plans to hold a board of directors meeting on June 25th to approve the annual financial results.
Twintek (06182.HK) announced that the board of directors will hold a meeting in room 806, East Reach Center, 1065 King's Road, Quarry Bay, Hong Kong on Tuesday, June 25, 2024, to consider and approve the comprehensive annual performance of the company and its subsidiaries for the year ending March 31, 2024 (including), as well as to consider the recommendation of distributing final dividends (if any).
Twintek Investment to Widen Loss in Fiscal 2024
Twintek Forecasts Increased Annual Losses
Yide Investment Holdings (06182.HK) Profit Alert: It is expected to record a comprehensive net loss of HK$30 million to HK$37 million
On May 24, Ge Longhui Investment Holdings (06182.HK) announced that for the year ended March 31, 2024, the Group expects to record a comprehensive net loss of about HK$30 million to HK$37 million this year, while the corresponding year of 2023 recorded a net comprehensive loss of about HK$23.2 million. The Board believes that the anticipated increase in losses is mainly due to (i) the following factors: (i) a reduction in contract amounts for projects awarded in previous years, which led to a significant reduction in the Group's revenue in the current year; and (ii) delays in the progress of certain supply and installation projects.
Subdued Growth No Barrier To Twintek Investment Holdings Limited (HKG:6182) With Shares Advancing 26%
TWINTEK: Interim Report 2023/24
Twintek Investment's Half-Year Losses Balloon as Revenue Slumps 52%
Yitoku Investment Holdings (06182.HK): Interim net loss of HK$16.883 million
Gelonghui November 24 | Yide Investment Holdings (06182.HK) announced that for the six months ended September 30, 2023, it realized a profit of HK$567.91 million, a year-on-year decrease of 51.9%; loss attributable to company owners of HK$16.883 million; loss attributable to company owners of HK$16.883 million; loss attributable to company owners of HK$3,023 million for the same period last year; basic and diluted loss of HK$2.11 per share.
TWINTEK: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Twintek Expects Wider Net Loss Due to Lower Revenue
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