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Oshidori Results Weighed by Fair Value Loss on Financial Assets >0622.HK
Oshidori Expects 2024 Loss to Widen>0622.HK
OSHIDORI (00622.HK) issues a profit warning: expected net loss of 0.189 billion HKD in 2024.
Gelonghui reported on March 12 that OSHIDORI (00622.HK) announced that the group's preliminary review of unaudited management accounts for the year ending December 31, 2024, and currently available information, indicates that the group anticipates a net loss of HKD 0.1886 billion for the year, compared to a net loss of HKD 84.5 million for the year ending December 31, 2023 ("the previous year"). The annual net loss is mainly due to the combined impact of the following: (a) an unrealized fair value loss of financial assets recorded at fair value and included in the profit and loss statement of HKD 51.6 million; (b) an attributable share of losses from associated companies of 60.
Express News | Oshidori International Holdings FY Net Income HKD -188.6 Million
OSHIDORI: PROFIT WARNING
Hong Kong Stock Exchange (00388): As of the end of February 2025, the total market value of the Hong Kong securities market is 39.1 trillion Hong Kong dollars, an increase of 30% year-on-year.
The market capitalization of the Hong Kong securities market was 39.1 trillion Hong Kong dollars at the end of February 2025, an increase of 10% from 35.4 trillion Hong Kong dollars at the end of the previous month, and a 30% rise from 30.1 trillion Hong Kong dollars in the same period last year.
