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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
Express News | Herbs Generation Group Holdings Ltd - Expects Profit of HK$11 Mln to HK$13 Mln for 2024
HERBS GROUP: PROFIT WARNING
What does AI pharmaceuticals still lack before a market explosion? | Focus
① From the discovery of targets to the identification of preclinical candidate compounds, current generative AI mainly focuses on the early stages of drug development, which can lead to significant acceleration; ② If AI in drug development is to further expand the realm of possibilities, it must explore more profitable real-world applications.