Perfectech Expects Significant Loss Increase

Perfectech International Holdings Limited (HK:0765) has released an update.

Perfectech International Holdings Limited has issued a profit warning, anticipating a consolidated net loss increase of at least 75% for the six months ending 30 June 2024 compared to the same period last year. The decline is primarily due to a 7.4% drop in revenue from toy sales and a substantial reduction in gross profit margin, alongside a decrease in net foreign exchange gains. Investors are cautioned to await the company’s official interim results announcement for further details before trading.

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