No Data
HERBS GROUP: CHANGE OF DATE OF BOARD MEETING
Herbs Generation Group Holdings Limited (02593.HK) plans to hold a Board of Directors meeting on March 25 to approve the annual performance.
Globe News on March 13th丨Herbs Generation Group Holdings Limited (02593.HK) announced that the Board of Directors meeting will be held on March 25, 2025 (Tuesday) to approve the performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and to consider whether to propose the distribution of a final dividend (if any).
HERBS GROUP: Date of Board Meeting
Herbs Generation Expects Lower 2024 Profit
Herbs Generation Group Holdings Limited (02593.HK) expects annual profit to be about 11 million to 13 million HK dollars.
On March 10, Gelonghui reported that Herbs Generation Group Holdings Limited (02593.HK) anticipates profit for the year ending December 31, 2024, to be between approximately 11 million Hong Kong dollars and 13 million Hong Kong dollars (2023: 39.5 million Hong Kong dollars). This change is mainly due to the following factors: (i) approximately 19 million Hong Kong dollars in listing expenses incurred during the reporting period (2023: none); (ii) an increase in depreciation expenses primarily due to the addition of self-operated stores during the reporting period; and (iii) a decline in total revenue and gross profit during the reporting period, mainly due to reduced sales in the wholesale business.
Express News | Herbs Generation Group Sees Decrease in Group's Total Revenue for Year
