Kato (Hong Kong) Holdings Ltd. (HK:2189) has released an update.
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Kato (Hong Kong) Holdings Limited has issued a profit warning, anticipating a significant decrease in annual profit to not more than HK$65 million, down from HK$126.2 million the previous year. The drop is attributed to reduced revenue from quarantine care services and the absence of non-recurring government wage subsidies. Shareholders are advised to exercise caution and await the detailed interim results expected by the end of June 2024.
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