China Investment Development Limited (HK:0204) has released an update.
Capital Realm Financial Holdings Group Limited has issued a profit alert indicating an expected loss of approximately HK$28.7 million for the fiscal year ending March 2024, an increase from the previous year’s HK$22.8 million loss, primarily due to higher administrative costs. The company’s financial results are preliminary and subject to final adjustments, with the formal annual results announcement scheduled for 28 June 2024. Shareholders and potential investors are cautioned to exercise care when dealing in the company’s shares.
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