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CMON Limited Faces Delays in Annual Results and Report Dispatch
CMON: INSIDE INFORMATION(1) DELAY IN PUBLICATION OF ANNUAL RESULTSANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024;(2) POSSIBLE DELAY IN DESPATCH OF 2024 ANNUAL REPORT;(3) POSSIBLE POSTPONEMENT OF BOARD MEETING;AND(4) POSSIBLE SUSPENSION OF...
CMON (01792.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 18, Gelonghui reported that CMON (01792.HK) announced the Board of Directors meeting will be held on March 28, 2025 (Friday) at 201 Henderson Road, #07/08–01, Apex @ Henderson, Singapore 159545, to consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, and to consider the distribution of the final dividend (if any).
CMON: NOTICE OF BOARD MEETING
CMON Expects to Swing to Loss in 2024
CMON (01792.HK) profit warning: Expect a loss attributable to equity holders of between 1.4 million to 2.1 million USD in 2024.
On March 12, Gelonghui announced that CMON (01792.HK) expects a profit attributable to shareholders of approximately $0.8 million for the year ending December 31, 2023. It is anticipated that a loss attributable to shareholders will be recorded for the year ending December 31, 2024. The estimated loss attributable to shareholders for the year ending December 31, 2024, is expected to be between $1.4 million and $2.1 million. This change is primarily due to the rise in the cost of living in major markets such as North America and Europe, leading to a decline in tabletop game sales and thereby a decrease in revenue.
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