Rego Interactive Co., Ltd. (HK:2422) has released an update.
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Rego Interactive Co., Ltd., a digital solutions provider, anticipates an 80.7% decrease in net profit after tax for the first half of 2024 compared to the previous year, citing reduced advertising revenues and a cautious customer selection policy in a challenging economic climate. The company is focusing on enhancing its core business areas, optimizing capital distribution, and managing risks to ensure steady growth. Shareholders are advised to exercise caution, as the financial results are preliminary and subject to adjustments upon further review.
For further insights into HK:2422 stock, check out TipRanks’ Stock Analysis page.