ATV HOLDINGS clarifies and terminates its fabric processing business, which accounted for 40% of revenue, and continues to suspend trading

Zhitong
2025.08.13 04:35
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ATV HOLDINGS issued a statement clarifying that CPL Group has terminated its fabric processing business, which accounted for 40.7% of its revenue. After the sale, CPL Group's revenue is approximately HKD 320 million. The group will continue to engage in fabric and garment trading, with trading revenue of HKD 19.96 million, accounting for 25.1% of total revenue, and a net loss of HKD 960,000. The company's stock will remain suspended