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Meijia Audio Holdings (06939.HK) warns of a profit decline: expected mid-term net profit to decrease by about 94% to 99% year-on-year.
Gelonghui August 20th | Meijia Audio Holdings (06939.HK) announced that based on the preliminary evaluation of the unaudited comprehensive management accounts of the Group for the six months ended June 30, 2024, and other information currently available to the board of directors, it is expected that the attributable net profit of the company's owners for the relevant period will decrease by about 94% to 99% compared to the same period in 2023. The decrease in attributable net profit of the company's owners for the relevant period is mainly due to the following factors: (i) Despite the significant increase in sales volume of the group's compatible printer consumable chips due to strong demand, the group itself...
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