Carrianna Group Expects Increased Annual Loss

Carrianna Group Holdings Company Limited (HK:0126) has released an update.

Carrianna Group Holdings Company Limited has issued a profit warning, expecting to report a loss of up to HK$280 million for the year ended March 31, 2024. The anticipated increase in losses from the previous year is largely due to poor performance in the food sector, impairment of assets, and rising finance costs. Shareholders and potential investors are advised to trade cautiously with the company’s shares.

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