Tat Hong Equipment Service to Widen Fiscal H1 Loss

MT Newswires Live

2024/11/15

Tat Hong Equipment Service (HKG:2153) expects a net loss of between 30 million yuan and 40 million yuan for the six months ended Sept. 30, up from 20.4 million yuan a year prior.

The crane rental firm attributed the forecast to lower revenue due to slower economic growth and a sluggish construction sector, according to a Friday filing with the Hong Kong Exchange.

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