Summary by Moomoo AI
In August 28, 2024, Net Group (Stock Code: 2147) issued a profit warning, expecting a net loss after tax of not less than approximately RMB 160 million for the six months ended June 30, 2024, a significant decrease compared to the profit of approximately RMB 297 million in the same period last year. The company attributed the decline in financial performance to the impact of the macroeconomic situation and the decrease in consumer purchasing power. Currently, the company's management is working on the implementation of mid-term performance, and the warning is based on the preliminary review of management accounts and the latest information available to the board of directors. The company emphasized that these data have not been audited or reviewed by auditors or the...Show More