Dalipal Holdings Limited (HK:1921) has released an update.
Dalipal Holdings Limited has issued a profit warning expecting a net loss of between RMB65 million to RMB75 million for the first half of 2024, a significant downturn from the net profit reported in the same period of 2023. The anticipated loss is attributed to reduced domestic sales and overseas demand, impacted by a global economic downturn, political instability, and increased freight costs. The company remains cautiously optimistic about recovery in the latter half of the year, despite the results not being audited or reviewed by their auditors or Audit Committee yet.
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