China Sci-Tech Expects Increased Losses

Core Economy Investment Group Limited (HK:0339) has released an update.

China Sci-Tech Industrial Investment Group Limited has issued a profit warning, indicating an expected increase in losses for the first half of 2024 compared to the same period in 2023. The anticipated higher loss is mainly due to a slower financial market, reduced dividend income, absence of other income, and higher administrative costs. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.

For further insights into HK:0339 stock, check out TipRanks’ Stock Analysis page.