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Dingdang Health Technology Projects Increased Net Loss for FY2024

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Dingdang Health Technology Projects Increased Net Loss for FY2024

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Dingdang Health Technology Group Ltd. ( (HK:9886) ) has issued an update.

Dingdang Health Technology Group Ltd. has issued a profit warning indicating an expected increase of over 64% in net loss for the fiscal year ending December 31, 2024, largely due to a one-off impairment of goodwill and other intangible assets. Despite this, the company anticipates a reduction in its adjusted net loss by approximately RMB10 million to RMB30 million compared to the previous year, showcasing efforts to optimize financial results amid challenges.

More about Dingdang Health Technology Group Ltd.

Dingdang Health Technology Group Ltd. operates in the health technology industry and is incorporated in the Cayman Islands. The company, along with its subsidiaries, focuses on delivering health technology services and products.

YTD Price Performance: 18.00%

Average Trading Volume: 1,509,372

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of 9886 stock, go to TipRanks’ Stock Analysis page.

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