The company previously announced that the owner's loss decreased mainly due to improved performance of the SMT and semiconductor equipment manufacturing business during the period, as well as reduced costs and expenses related to the termination of the radar business.
According to the Zhongtong Financial APP, sino ict (00365) surged in midday trading, with the company's stock price reaching HK$0.25, up 83.82% with a turnover of HK$0.423 million.
The company previously announced that the owner's loss decreased mainly due to improved performance of the SMT and semiconductor equipment manufacturing business during the period, as well as reduced costs and expenses related to the termination of the radar business. Considering the mild global economic recovery during the period, but still affected by factors such as geopolitical tensions, inflationary impacts, stickiness, and increasing fiscal deficits, the growth momentum is weak. The group believes that the business performance in the first half of the year is in line with expectations.
