IDT Int'l (00167.HK) announced that the unaudited revenue from sales of electronic products for May and June was not less than 10 million yuan respectively. The group has also received orders exceeding 70 million yuan, which are expected to be completed and delivered in the third quarter.

The group is also working hard to expand its product range to meet customers' growing demand. Its product mix is expected to double before the end of the third quarter. It will also continue to periodically review its existing business and strive to improve business operations and financial conditions. The group's business strategy is to actively seek potential business and investment opportunities to expand its sources of income. The group also continues to actively communicate with its creditors to reach a negotiated solution to solve liquidity problems and repay debts.

In addition, according to discussions between the auditor and the company, it is expected to publish the full-year performance for 2022 by the end of July, and the mid-year and full-year performance for 2023 by mid-August, unless there are unexpected circumstances.

The stock has been suspended from trading since April 3 last year and will continue to be suspended until a resumption guidance is reached.