Imperium Technology Group Announces Board Meeting and Profit Warning

An announcement from Imperium Technology Group Limited ( (HK:0776) ) is now available.

Imperium Technology Group Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the annual results for the year ending December 31, 2024, and to consider the recommendation of a final dividend. The company has issued a profit warning, indicating an expected net loss of no less than HK$41.0 million for 2024, a significant improvement from the HK$123.4 million loss in 2023. This decrease in loss is attributed to reductions in share-based payments, impairment losses, R&D costs, and amortization of intangible assets. Shareholders and investors are advised to exercise caution when dealing with the company’s shares.

More about Imperium Technology Group Limited

Imperium Technology Group Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company is involved in the technology sector, focusing on various technological products and services.

YTD Price Performance: -53.30%

Average Trading Volume: 643,325

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$739M

Learn more about 0776 stock on TipRanks’ Stock Analysis page.