BetterLife Holding Limited (HK:6909) has released an update.
BetterLife Holding Limited has issued a profit warning, anticipating a decrease in revenue by no more than 23% and a decline in profit attributable to owners by no more than 6% for the first half of 2024, as compared to the same period last year. This downturn is primarily attributed to the falling sales of petrol-powered cars in Mainland China. Investors are advised to exercise caution when dealing in the company’s shares.
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