Tse Sui Luen Jewellery Forecasts Significant Annual Loss

Tse Sui Luen Jewellery (International) Ltd (HK:0417) has released an update.

Tse Sui Luen Jewellery (International) Limited has issued a profit warning, anticipating a loss of HK$370 million to HK$380 million for the fiscal year ending March 31, 2024. These figures include non-cash adjustments for impairment of assets and inventory provisions totaling over HK$130 million. Shareholders and potential investors are urged to exercise caution when dealing in the company’s securities.

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