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YNBY International Limited Issues Profit Warning for FY2024

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YNBY International Limited Issues Profit Warning for FY2024

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Ban Loong Holdings Limited ( (HK:0030) ) just unveiled an update.

YNBY International Limited, listed on the Hong Kong Stock Exchange, has issued a profit warning for the fiscal year ending December 31, 2024. The company expects a significant decrease in net profit attributable to shareholders, ranging between HK$15 million and HK$20 million, compared to approximately HK$143.7 million for the previous year. The decline is primarily due to the absence of a substantial gain from the disposal of a subsidiary that was recognized in the prior year. The final financial results are yet to be finalized and may be subject to adjustments.

More about Ban Loong Holdings Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €131.7M

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