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MEGAIN (06939.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui, March 18 - MEGAIN (06939.HK) announced that the company will hold a Board of Directors meeting on March 31, 2025, to approve the full-year performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the final dividend distribution (if any).
MEGAIN Holding Schedules Board Meeting for Annual Results and Dividend Decision
MEGAIN: NOTICE OF BOARD MEETING
MEGAIN Holding: Decline in Gross Profit Margins of Compatible Printer Cartridge Chips Hurt Results >6939.HK
MEGAIN Holding Issues Profit Warning Amidst Strategic Shift
MEGAIN Holdings (06939.HK) profit warning: expected annual net profit will decrease by approximately 82% to 92%.
On March 17, Gelonghui reported that MEGAIN (06939.HK) announced that the company's expected net profit attributable to owners for the fiscal year 2024 will decrease by approximately 82% to 92% compared to the net profit attributable to owners for the year ending December 31, 2023. The decrease in net profit attributable to owners for the fiscal year 2024 is mainly due to the following factors: (i) Despite an increase in the sales of compatible printer consumable chips, the gross margin significantly declined due to intense competition in the compatible consumable chip Industry in fiscal year 2024; (ii) Unrecognized revenue from chip technology and.
