Minshang Creative Technology Holdings Limited (HK:1632) has released an update.
Minshang Creative Technology Holdings Limited has issued a profit warning, expecting a substantial net loss of HK$40 million for the year ended 31 March 2024, a significant increase from the previous year’s HK$1.4 million loss. The company attributes the downturn to a challenging macro-economic environment and resulting asset impairments. Shareholders and potential investors are urged to anticipate the detailed results set to be released on 28 June 2024.
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