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 following an anticipated unaudited loss of up to HK$18 million for the six months ending September 2024. This downturn contrasts sharply with a previous profit of approximately HK$496,000 for the same period in 2023, mainly due to decreased revenue and inventory write-downs. Investors are advised to approach with caution as the company prepares to finalize its interim results.
For further insights into HK:2326 stock, check out TipRanks’ Stock Analysis page.