Hong Kong ChaoShang Group Ltd. (HK:2322) has released an update.
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Modern Innovative Digital Technology Company Limited, formerly known as Hong Kong ChaoShang Group Ltd., has issued a profit warning, indicating an anticipated net loss of approximately HK$30 million for the six months ending September 2024. This contrasts with a net profit of HK$4 million from the same period last year, attributed mainly to reduced gains on investments. Investors are advised to approach with caution as the company finalizes its interim results.
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