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Modern Innovative Digital Technology Projects Significant Financial Loss
Company Announcements

Modern Innovative Digital Technology Projects Significant Financial Loss

Hong Kong ChaoShang Group Ltd. (HK:2322) has released an update.

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Modern Innovative Digital Technology Company Limited, formerly known as Hong Kong ChaoShang Group Ltd., has issued a profit warning, indicating an anticipated net loss of approximately HK$30 million for the six months ending September 2024. This contrasts with a net profit of HK$4 million from the same period last year, attributed mainly to reduced gains on investments. Investors are advised to approach with caution as the company finalizes its interim results.

For further insights into HK:2322 stock, check out TipRanks’ Stock Analysis page.

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