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Pinestone Capital Ltd ( (HK:0804) ) has shared an announcement.
Pinestone Capital Limited has issued a profit warning, indicating an expected net loss between HK$30.0 million and HK$33.0 million for the year ending December 31, 2024, due to impairment losses on trade and loans receivables. This marks an increase from the HK$24.4 million net loss recorded in the previous year, highlighting ongoing financial challenges for the company.
More about Pinestone Capital Ltd
Pinestone Capital Limited, incorporated in the Cayman Islands, operates in the financial services industry, focusing on securities-backed lending services.
YTD Price Performance: -6.82%
Average Trading Volume: 1,840,419
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$99.89M
Learn more about 0804 stock on TipRanks’ Stock Analysis page.