Eternity Investment Limited (HK:0764) has released an update.
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Eternity Investment Limited has issued a profit warning indicating the company’s losses are expected to surge by approximately 148% to 158% for the first half of 2024, compared to the same period in 2023. The increase in losses is attributed to various financial setbacks, including increased fair value losses of financial assets, impairment losses, and higher finance costs. Shareholders and potential investors are cautioned to exercise care when trading the company’s shares.
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