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An update from Innovax Holdings Limited ( (HK:2680) ) is now available.
Innovax Holdings Limited has issued a profit warning, indicating an expected loss of between HK$32 million and HK$37 million for the fiscal year ending February 28, 2025. This anticipated downturn from a previous profit of HK$1.8 million is primarily due to net unrealized and realized losses on financial assets at fair value through profit or loss. The company is still finalizing its financial statements, and actual results may vary, urging shareholders and potential investors to exercise caution.
More about Innovax Holdings Limited
Innovax Holdings Limited is a company incorporated in the Cayman Islands, operating with a focus on financial services. The company is listed on the Stock Exchange of Hong Kong and engages in activities related to financial assets and securities.
Average Trading Volume: 35,603
Technical Sentiment Signal: Buy
Current Market Cap: HK$120M
For detailed information about 2680 stock, go to TipRanks’ Stock Analysis page.