TITANS ENERGY issued a profit warning, expecting the annual loss attributable to shareholders to expand to approximately 44 million to 47 million yuan year-on-year

Zhitong
2025.03.10 11:39
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TITANS ENERGY issued a profit warning, expecting the loss attributable to shareholders for the fiscal year 2024 to expand to approximately HKD 44 million to 47 million, an increase from about HKD 43.979 million in 2023. The increase in losses is attributed to rising administrative and other expenses, increased sales and distribution expenses, and a decline in gross margin due to adjustments in sales strategy