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FEIYANG GROUP (01901.HK) expects an annual loss of 50 million to 55 million yuan.
On March 25, Gelonghui reported that FEIYANG GROUP (01901.HK) announced that it expects to record a net loss between 50 million yuan and 55 million yuan for the fiscal year ending December 31, 2024, while it recorded a net loss of approximately 11.6 million yuan for the fiscal year ending December 31, 2023. The Board of Directors believes that the losses for the fiscal year 2024 are mainly due to: compared to the fiscal year ending December 31, 2023, (i) an increase in impairment of trade and other receivables of approximately 31.4 million yuan, which is primarily due to financial assets (including trade and other receivables.
Express News | Feiyang International - Expected Net Loss of RMB50 Million to RMB55 Million for FY2024
FEIYANG GROUP: PROFIT WARNING ANNOUNCEMENT
New narratives in the travel market, a duet of OTAs moving downward and outward.
From this point, looking back at the CSI Consumer 360 index in 2024, the tourism Industry shows explosive growth, making it a leader and gradually establishing an important strategic position for the tourism Industry in the national economy.
FEIYANG GROUP: DATE OF BOARD MEETING
Investors Still Aren't Entirely Convinced By Feiyang International Holdings Group Limited's (HKG:1901) Revenues Despite 50% Price Jump
