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WINOX (06838.HK) will hold a Board of Directors meeting on March 27 to approve the annual performance.
Glory Financial announced on March 14th that WINOX (06838.HK) will hold a Board of Directors meeting on March 27, 2025, to (including) approve the annual performance announcement for the year ending December 31, 2024, as well as consider the proposal for the final dividend distribution (if any).
Winox Holdings to Review Annual Results and Dividend
WINOX: Date of Board Meeting
Winox Holdings Expects Swing to Loss in 2024
Winox Holdings Issues Profit Warning Amid Declining Demand
WINOX (06838.HK) profit warning: expected annual loss of 18 million to 23 million Hong Kong dollars.
On January 17, Gelonghui reported that WINOX (06838.HK) announced that the Board of Directors expects the group to record a loss between 18 million and 23 million HKD for the year ending December 31, 2024 (net profit for the whole of 2023: 63.726 million HKD). The estimated loss for the year is primarily attributed to (1) a decline in sales of straps and Smart Clothing products due to weak Global demand for Luxury Goods; and (2) an overall decrease in gross margin due to fierce market competition.
