According to the app of WiseMoney, Geotech Holdings (01707) announced that it is expected to have a comprehensive net loss of approximately 7.5 million to 8.5 million Hong Kong dollars in the first half of 2024, compared to an unaudited comprehensive net loss of approximately 6.5 million Hong Kong dollars in the first half of 2023. The main reason for the expected increase in net loss is that the group's exploration and development needs in this period have led to an increase in employee costs and consultant fees of about 1.3 million Hong Kong dollars.