Nanjing Sample Technology Forecasts Narrower Net Loss in H1

MT Newswires Live

08/15

Nanjing Sample Technology (HKG:1708) expects its net loss to narrow to between 10 million yuan and 15 million yuan in the first half from 15.5 million yuan in the year-ago period, according to a Friday filing with the Hong Kong bourse.

The system integration company attributes the loss to lower operating revenue and a snag in its reputation due to litigation matters, the filing said.

Revenue is seen to decline 20% to 30% year over year.

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