Champion Technology (HKG:0092) said it expects its fiscal losses to widen for the year ended June 30, according to a Hong Kong bourse filing Monday.
Shares of the renewable energy company fell over 2% in late morning trade Tuesday.
The company is estimating HK$42 million to HK$46 million in attributable losses, compared to the HK$12 million loss posted a year earlier.
The company expects to post its financial results by the end of September.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.