No Data
WATTS INT'L: Interim Report 2024
watts int'l ocean (02258.HK) recorded a revenue of 0.715 billion yuan in the first half of the year, a decrease of approximately 31.1% compared to the same period last year.
On August 27th, Guolonghui reported that Watson's International Ocean (02258.HK) announced in a statement that the group's consolidated revenue for the first half of 2024 was RMB 71.52 million, a decrease of approximately 31.1% compared to the same period of the previous fiscal year's RMB 103.86 million. The operating loss for the first half of 2024 was RMB 8.98 million, a decrease of 402.4% compared to the operating profit of RMB 29.7 million in the first half of 2023, mainly due to an increase in the net loss from impairment of financial assets and contract assets.
WATTS INT'L: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Watts International Maritime to Turn to Loss in H1
Intage might turn into a loss of at least 0.11 billion yuan in the first half of the year for Watts Int'l (02258.HK).
Watts Int'l (02258.HK) issued a profit warning, with an expected loss of between RMB 0.111 billion and 0.124 billion for the six months ending in June, compared to a net profit of RMB 12 million in the same period last year. This is mainly due to an increase in impairment losses on financial assets and contract assets; and reduced revenue of about 46.2% in municipal public construction business due to the challenging macroeconomic environment and weak mainland real estate market.
Watts Int'l (02258) issues profit warning, expecting a net loss of approximately 0.111 billion yuan to 0.124 billion yuan in the mid-term, turning from profit to loss year-on-year.
Watts Int'l (02258) has announced that the group may have... by the end of June 30, 2024.
No Data
No Data