Aec Group (08320) announced that the group expects to obtain the company's ownership as of September 30, 2024 for the six-month period ending...
Wise Finance App News, Aec Group (08320) announced that the group expects to incur a loss of approximately 5.9 million Hong Kong dollars attributable to the company's owners for the six-month period ending September 30, 2024, compared to a profit of approximately 0.048 million Hong Kong dollars attributable to the company's owners for the six-month period ending September 30, 2023. The main reasons for the shift from profit to loss are the decrease in revenue and gross margin; the increase in employee costs to retain talent; and the increase in expenses for the expansion of overseas business.