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Alpha Technology Group Ltd (OQ:ATGL)

Business Focus: IT Services & Consulting

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: Mandar House, 3F, Johnsons Ghut
TORTOLA
Tel: N/A
Website: https://techlution.io
IR: See website
Key People
Chun Ho Tsang
President, Executive Director
Tsz Him Leung
Chief Executive Officer
Tan Yee Choi
Chief Financial Officer, Executive Director
Shung Lai Tam
Chief Technology Officer
   
Business Overview
Alpha Technology Group Ltd is a company principally engaged in the provision of information technology (IT) services. The Company is engaged in the provision of comprehensive Managed IT Services to small and medium businesses. In addition, the Company is engaged in the provision of backup and disaster recovery services, help desk services and other services.
Financial Overview
For the fiscal year ended 30 September 2023, Alpha Technology Group Ltd revenues increased 97% to HK$8.7M. Net loss increased from HK$2.7M to HK$7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Other income, net decrease of 55% to HK$94K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -HK$0.18 to -HK$0.53.