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AustAsia Group Foresees Steeper Losses in 2024
Australia Asia Group (02425.HK) issues profit warning: expected to incur a loss of approximately 600 million to 700 million yuan in the medium term.
On July 11th, GeLongHui announced that Aoyau Group (02425.HK) expects to record a net comprehensive loss of approximately RMB 60-70 million for the six months ended June 30, 2024, while the net loss for the six months ended June 30, 2023 was RMB 31 million. The expected loss is mainly due to: (i) an increase in the loss from the fair value changes in other biological assets sold and the cost of sales. During this period, the expected revaluation loss will be approximately RMB 550-650 million, while the revaluation loss for the same period in 2023 was about RMB
Express News | AustAsia Group - Expected Result Due to Increase in Loss Arising From Changes in Fair Value Less Costs to Sell off Other Biological Assets, Others
Express News | AustAsia Group Sees CONSOL Net Loss of About RMB600 Mln to RMB700 Mln for Hy
AUSTASIA GROUP: PROFIT WARNING
Market Might Still Lack Some Conviction On AustAsia Group Ltd. (HKG:2425) Even After 32% Share Price Boost
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