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Pinestone Capital Issues Profit Warning Amid Rising Expenses

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Pinestone Capital Issues Profit Warning Amid Rising Expenses

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Pinestone Capital Ltd ( (HK:0804) ) has provided an announcement.

Pinestone Capital Limited has issued a profit warning, indicating an expected net loss of up to HK$4.0 million for the first half of 2025, significantly higher than the HK$0.8 million loss recorded in the same period of 2024. The increase in net loss is attributed to rising compliance, professional, and agency fees, leading to higher operating expenses. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.

More about Pinestone Capital Ltd

Pinestone Capital Limited, incorporated in the Cayman Islands, operates in the financial services industry. The company, along with its subsidiaries, is listed on the Hong Kong Stock Exchange and focuses on providing capital and financial solutions.

Average Trading Volume: 120,405

Technical Sentiment Signal: Buy

Current Market Cap: HK$72.12M

For an in-depth examination of 0804 stock, go to TipRanks’ Overview page.

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