Asia
Freetech Road Recycling Expects Attributable Loss to Balloon in Fiscal H1
Freetech Road Recycling Technology (HKG:6888) expects an attributable loss of HK$35 million for the six months ended June 30, compared with a net loss of HK$9.4 million a year prior, according to a Tuesday Hong Kong bourse filing.The road maintenance services group attributed the forecast to delays in certain asphalt pavement maintenance service and equipment projects, leading to an anticipated drop in revenue from the segments.
HKG:6888
