PINE Technology Holdings Ltd. Provides Earnings Guidance for the Year Ended June 30, 2016
August 11, 2016 at 06:43 am
PINE Technology Holdings Ltd. provided earnings guidance for the year ended June 30, 2016. The company expected to record a loss for the year ended 30 June 2016 comparable to the loss of $6,567,000 recorded for the year ended 30 June 2015. This is mainly attributable to the sluggishness of the overall PC business and the stiff competition of graphic card market during the year ended 30 June 2016.