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Pioneer Global Group Limited ( (HK:0224) ) has issued an update.
Pioneer Global Group Limited has issued a profit warning, indicating an expected consolidated loss between HK$190 million and HK$200 million for the year ending March 31, 2025, compared to a loss of HK$50 million in 2024. The increase in loss is primarily attributed to a decrease in the fair value of investment properties held through subsidiaries, associates, and equity instruments. The company’s financial results are based on unaudited management accounts and are subject to finalization, with the annual results expected to be published on June 27, 2025.
More about Pioneer Global Group Limited
Pioneer Global Group Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and engages in investment activities, with a focus on investment properties and equity instruments.
Average Trading Volume: 70,222
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$692.4M
For a thorough assessment of 0224 stock, go to TipRanks’ Stock Analysis page.