Summary by Moomoo AI
Trendzon Hldg Group Ltd. ("Trendzon Hldg") issued a profit warning on June 26, 2024, forecasting a net loss of approximately 12.0 million pounds for the year ended March 31, 2024, a significant increase from the loss of 2.1 million pounds for the same period in 2023. The Board of Directors pointed out that the increase in losses is mainly due to stock payments, increase in employee compensation, impairment of assets held for sale, and a decrease in agency income. The company emphasizes that this is a preliminary assessment based on currently available information and has not been reviewed by independent auditors or audit committees. Trendzon Hldg will release more details on its annual performance in June 2024. Shareholders and potential investors should handle relevant securities transactions with caution.