Pa Shun International Holdings Limited (HK:0574) has released an update.
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Pa Shun International Holdings Limited has issued a profit warning, expecting a net loss of at least RMB 5.0 million for the six months ended June 30, 2024, a significant downturn compared to the net profit of HK$4.5 million in the same period of the previous year. The anticipated loss is attributed to a decline in the Group’s operational performance and a drop in gross profit of around HK$10.6 million. Shareholders and potential investors are advised to await the detailed interim results due for release on August 30, 2024, which will provide further clarity.
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