Dimmi Life Holdings Limited (HK:1667) has released an update.
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Dimmi Life Holdings Limited has issued a profit warning, anticipating a consolidated net loss of at least HK$90.0 million for the fiscal year ending March 31, 2024, a significant increase from the previous year’s HK$26.6 million loss. The uptick in losses is mainly due to higher marketing and administrative expenses in their lifestyle products segment. The final audited results are expected to be published by the end of June 2024.
For further insights into HK:1667 stock, check out TipRanks’ Stock Analysis page.