Emperor Culture Group (HK:0491) has released an update.
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Emperor Culture Group Limited has issued a profit warning, anticipating a net loss of up to HK$750 million for the year ended 30 June 2024, mainly due to a substantial impairment allowance exceeding the previous year’s figures. The company’s full audited annual results are expected to be published in late September 2024, with shareholders and potential investors urged to exercise caution when dealing with the company’s securities.
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