OKG Technology Holdings Limited (HK:1499) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
OKG Technology Holdings Limited warns of an anticipated loss of at least HK$35.0 million for the financial year ended March 2024, a stark contrast to the HK$43.5 million profit from the previous year. The shortfall is primarily attributed to a significant drop in revenues from the Group’s proprietary digital assets trading business. Investors are urged to exercise caution when dealing in the company’s shares, with final results to be disclosed on 27 June 2024.
For further insights into HK:1499 stock, check out TipRanks’ Stock Analysis page.