Qeeka Home (Cayman) Inc. (HK:1739) has released an update.
Qeeka Home (Cayman) Inc. anticipates a significant increase in net loss for the first half of 2024, projected to be between RMB45 million and RMB50 million, primarily due to a downturn in consumer sentiment affecting their SaaS and marketing service business. Despite the anticipated increase in revenue, the company faces challenges, including an increase in impairment of long-term investments. Shareholders and potential investors are advised to exercise caution and await the finalized interim results expected by the end of August 2024.
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