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[Profit Warning Stock] PAGODA GP (02411) fell by 2.46% and is expected to turn from a profit to a loss of up to 0.4 billion yuan last year.
Jinwu Financial News | PAGODA GP (02411) issued a profit warning, which affected the stock price performance, dropping over 4.1% during trading. As of press time, it was reported at HKD 1.19, down 2.46%, with a trading volume of HKD 1.9176 million. According to the announcement, compared to the company's profit attributable to owners of approximately RMB 0.362 billion for the fiscal year ending December 31, 2023, the group expects to record a loss attributable to owners of RMB 0.35 billion to RMB 0.4 billion for the fiscal year 2024. Additionally, the group anticipates that the revenue for the fiscal year 2024 will be lower than the group's revenue of RMB 113 in the fiscal year 2023.
Shenzhen Pagoda Industrial: Weak Domestic Consumption, Higher Expenses Weighed on Results >2411.HK
Shenzhen Pagoda Industrial Sees 2024 Rev to Fall by at Least 15% on Year >2411.HK
PAGODA GP (02411) issued a performance warning for 2024: Strategic adjustments show operational resilience, and the second half of the year sees a turning point in performance.
On February 3rd, PAGODA GP (02411) issued a performance warning announcement for 2024.
PAGODA GP (02411.HK) expects an annual loss of 0.35 billion to 0.4 billion yuan.
On February 3, Gelonghui announced that PAGODA GP (02411.HK) expects a loss attributable to shareholders of approximately RMB 350 million to RMB 400 million for the fiscal year 2024, compared to a profit of approximately RMB 361.7 million for the fiscal year ending December 31, 2023. Additionally, the group expects that its revenue for the fiscal year 2024 will decline by no more than 15.0% compared to the revenue of RMB 11,390.6 million for the fiscal year 2023. The Board of Directors believes that the anticipated profit attributable to shareholders for the fiscal year 2024 is expected.
Express News | Shenzhen Pagoda Industrial Group Corp Sees Loss Attributable Between RMB350.0 Mln to RMB400.0 Mln for FY
Is Shenzhen Pagoda Industrial (Group) Corporation Limited's (HKG:2411) Latest Stock Performance A Reflection Of Its Financial Health?
