Oshidori International Projects Significant Loss

Oshidori International Holdings Limited (HK:0622) has released an update.

Oshidori International Holdings Limited has issued a profit warning, expecting to register a net loss of HK$110.7 million for the first half of 2024, a significant downturn from the net profit of HK$11.8 million in the comparative period of 2023. The anticipated loss is primarily due to unrealised fair value losses on financial assets and losses from associates. Shareholders and potential investors are urged to exercise caution and await the audited interim results due for release in late August 2024.

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