Datco Group announced on 22 November 2024 that it expects a net loss of approximately HK$18,000,000 for the six months ended 30 September 2024 and a net profit of approximately HK$1,400,000 for the same period last year. The Board of Directors noted that the loss was primarily due to a decrease in revenue and gross margin from the distribution business, as well as an expected increase in net impairment losses under the credit loss pattern. The Company stresses that actual financial results for fiscal 2024 may differ from the information set out in the announcement and advises shareholders and potential investors to act with caution.Datech Group said that the interim results announcement for the financial period 2024 is expected to be published in late November 2024, at which time more detailed financial results and performance will be disclosed. Chairman and Executive Director Ye Kai reminds shareholders and potential investors to exercise caution when buying and selling company shares.

Datco Group announced on 22 November 2024 that it expects a net loss of approximately HK$18,000,000 for the six months ended 30 September 2024 and a net profit of approximately HK$1,400,000 for the same period last year. The Board of Directors noted that the loss was primarily due to a decrease in revenue and gross margin from the distribution business, as well as an expected increase in net impairment losses under the credit loss pattern. The Company stresses that actual financial results for fiscal 2024 may differ from the information set out in the announcement and advises shareholders and potential investors to act with caution.Datech Group said that the interim results announcement for the financial period 2024 is expected to be published in late November 2024, at which time more detailed financial results and performance will be disclosed. Chairman and Executive Director Ye Kai reminds shareholders and potential investors to exercise caution when buying and selling company shares.