Kaisa Health Group Expects H1 Net Loss

Kaisa Health Group Holdings Limited (HK:0876) has released an update.

Kaisa Health Group Holdings Limited warned of a significant shift in their financial performance, projecting a net loss of HK$22 to HK$26 million for the first half of 2024. This anticipated loss contrasts sharply with the HK$39 million net profit reported in the same period last year, primarily due to the absence of a one-time gain from divesting subsidiaries. The company cautions shareholders and potential investors to exercise care when trading its shares.

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