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Ever Harvest Group Issues Profit Warning Amid Increased Tax Expenses

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Ever Harvest Group Issues Profit Warning Amid Increased Tax Expenses

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An announcement from Ever Harvest Group Holdings Limited ( (HK:1549) ) is now available.

Ever Harvest Group Holdings Limited has issued a profit warning, indicating an expected net loss of approximately HK$9.3 million for the year ended December 31, 2024, compared to a net profit of HK$0.5 million in the previous year. This shift from profit to loss is primarily due to increased tax expenses and penalties following additional tax assessments by Hong Kong’s Inland Revenue Department for the years 2014/15 to 2022/23.

More about Ever Harvest Group Holdings Limited

Average Trading Volume: 283,529

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$128.6M

For detailed information about 1549 stock, go to TipRanks’ Stock Analysis page.

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