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March 23, 2026
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UK’s Bytes Tech plunges 27% after profit warning

Cs news9 months ago9 months ago03 mins

Shares of UK’s Bytes Technology plunged over 27% on Wednesday after the IT firm said its operating profit for the first half of fiscal 2026 would be marginally lower due to delayed customer payments and longer-than-expected readjustments from internal restructuring. Trading in the first few months of the year was hurt by macroeconomic pressures, leading…

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