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The 'Laundry Liquid King' is investing money to achieve growth; Blue Moon is projected to have a loss exceeding 0.7 billion HKD in 2024.
First annual loss since going public.
Hong Kong stock movement | BLUE MOON GROUP (06993) rose over 3%, bolstered by high growth in new e-commerce channels, Institutions are bullish on the company's profitability continuing to improve.
BLUE MOON GROUP (06993) rose over 3%, as of the report, it increased by 3.04% to 3.05 Hong Kong dollars, with a transaction amount of 8.9534 million Hong Kong dollars.
Blue Moon Group Warns of 2024 Losses
Blue Moon Group Expects Loss Despite Revenue Growth
[Company profit warning] BLUE MOON GROUP (06993) expects that the comprehensive loss attributable to equity holders for the full year 2024 will be at most 0.75 billion HKD.
Jinwu Financial News | BLUE MOON GROUP (06993) announced that it expects the group's revenue for the year ending December 31, 2024, to be approximately 8.5 billion Hong Kong dollars, an increase of about 16% compared to the revenue of approximately 7.324 billion Hong Kong dollars for the year ending December 31, 2023. The group expects to maintain a gross margin of about 61% for the fiscal year 2024. The group anticipates a comprehensive loss attributable to equity holders of the company of approximately 7 to 0.75 billion Hong Kong dollars for the fiscal year 2024. For the six months ending June 30, 2024, the comprehensive loss attributable to equity holders of the company is expected to be approximately 0.664 billion Hong Kong dollars, while 2023
Express News | Blue Moon Group - Expects to Record Loss Attributable HK$700 Mln to HK$750 Mln for FY
Capital Allocation Trends At Blue Moon Group Holdings (HKG:6993) Aren't Ideal
