Brief: ST International Sees Loss Of Approximately HK$11 Million For Year

Webx International Holdings Co

08/03/2023 10:25

March 8 (Reuters) - ST International Holdings Company
Ltd  8521.HK :
    * SEES  LOSS OF APPROXIMATELY HK$11 MILLION FOR YEAR
    * SEES DECREASE IN REVENUE AND GROSS PROFIT FOR FY2022 OF
AROUND
17.7% AND 45.0% RESPECTIVELY
    * EXPECTED LOSS DUE TO  SUBSTANTIAL REDUCTION IN IMPAIRMENT
LOSS
ON TRADE RECEIVABLES DURING FY2022
    * EXPECTED DECREASE IN REVENUE AND GROSS PROFIT AS SOME
MAJOR
CUSTOMERS TEMPORARILY SUSPENDED THEIR BUSINESS OPERATIONS

Source text for Eikon:  ID: 
Further company coverage:  8521.HK 

 ((Reuters.Briefs@thomsonreuters.com;))