Datech Group issued a profit warning on 11 June 2024, expecting a net loss of at least HK$1 million for the 2023/2024 financial year, compared with a net profit of approximately HK$4370 million for the 2022/2023 financial year. The Board of Directors noted that the net loss was primarily due to a decrease in revenue and gross margin in the distribution business and systems integration solutions business, as well as an increase in the net impairment loss under the credit loss model items. In addition, other income fell due to the Government's Employment Protection Scheme subsidy in the previous financial year and none this financial year. The Company stresses that this is a preliminary assessment and has not been reviewed by an audit committee or by an independent auditor. Actual financial results may vary and recommends that shareholders and potential investors pay attention to the 2023/2024 Annual Results Announcement.

Datech Group issued a profit warning on 11 June 2024, expecting a net loss of at least HK$1 million for the 2023/2024 financial year, compared with a net profit of approximately HK$4370 million for the 2022/2023 financial year. The Board of Directors noted that the net loss was primarily due to a decrease in revenue and gross margin in the distribution business and systems integration solutions business, as well as an increase in the net impairment loss under the credit loss model items. In addition, other income fell due to the Government's Employment Protection Scheme subsidy in the previous financial year and none this financial year. The Company stresses that this is a preliminary assessment and has not been reviewed by an audit committee or by an independent auditor. Actual financial results may vary and recommends that shareholders and potential investors pay attention to the 2023/2024 Annual Results Announcement.