Hi Sun Technology Forecasts Profit Decline

Hi Sun Technology (China) Limited (HK:0818) has released an update.

Hi Sun Technology (China) Limited has issued a profit warning for the first half of 2024, anticipating a significant decrease in operating profit or a possible loss, in stark contrast to the HK$69.7 million profit in the same period of 2023. The expected downturn is attributed to the shift from traditional to digital payment methods and investment in overseas and cross-border businesses. Shareholders and potential investors are cautioned to exercise care when trading shares in light of this announcement.

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