FORGAME (00484.HK) profit warning: expected loss of no less than 59 million yuan in 2024.

On March 7, Gelonghui reported that FORGAME (00484.HK) announced, based on a preliminary review of the group's unaudited consolidated management accounts and the latest available information from the Board of Directors for the year ending December 31, 2024, the group expects to record a loss of no less than RMB 59 million for the reporting period, which is an increase of approximately RMB 41 million compared to the loss of RMB 17.6 million for the year ending December 31, 2023. The Board of Directors believes that the increase in the loss is mainly due to the following factors: (i) a decrease in the recovery of previously impaired corporate loans by RMB 12 million; (ii)

Gelonghui FinanceMar 7 05:45 ET

Express News | Forgame - Expected Result Due to Decrease in Recovery of Previously Impaired Corporate Loans by RMB12.0 Mln, Others

ReutersMar 7 05:43 ET

Express News | Forgame Holdings Ltd - Expected Loss of Not Less Than RMB59 Million for 2024

ReutersMar 7 05:42 ET

FORGAME: PROFIT WARNING

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