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Casablanca Group Issues Profit Warning for 2024

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Casablanca Group Issues Profit Warning for 2024

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The latest announcement is out from Casablanca Group Ltd. ( (HK:2223) ).

Casablanca Group Limited has issued a profit warning, indicating an expected increase in losses for the year ending December 31, 2024. The company anticipates a loss between HK$9.0 million and HK$10.0 million, compared to a loss of HK$4.6 million in 2023, primarily due to a decline in overall sales. The figures are based on unaudited management accounts and may be subject to change, with final results expected by March 2025.

More about Casablanca Group Ltd.

YTD Price Performance: -4.62%

Average Trading Volume: 94,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$63.95M

See more insights into 2223 stock on TipRanks’ Stock Analysis page.

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