New Provenance Everlasting Holdings Limited (HK:2326) has released an update.
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New Provenance Everlasting Holdings Limited has issued a profit warning, anticipating a significant loss for the fiscal year ended March 2024, in stark contrast to the previous year’s profit. The projected loss, estimated to be between HK$29 million and HK$35 million, is primarily attributed to the loss allowance on trade receivables. Shareholders and potential investors have been advised to exercise caution and await the final results due by the end of June 2024.
For further insights into HK:2326 stock, check out TipRanks’ Stock Analysis page.