Pine Technology Warns of Swing to Full-Year Loss

MT Newswires Live
Sep 19

Pine Technology (HKG:1079) expects a post-tax net loss of at least HK$14.5 million for the year ended June 30, compared with a post-tax net profit of HK$45 million a year prior, a Friday Hong Kong bourse filing said.

The computer components and consumer electronics company attributed the forecast to the absence of a one-off gain from the disposal of subsidiaries in the previous year.

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