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Zero2IPO Holdings Issues Profit Warning Amid Decline in Events and Training Services

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Zero2IPO Holdings Issues Profit Warning Amid Decline in Events and Training Services

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The latest announcement is out from Zero2IPO Holdings, Inc. ( (HK:1945) ).

Zero2IPO Holdings Inc. has issued a profit warning, indicating a significant decline in both revenue and net profit for the year ending December 31, 2024. The company’s revenue is expected to decrease by 16.1% to 24.5%, and net profit is anticipated to drop by 18.8% to 37.5% compared to the previous year. This downturn is primarily attributed to a reduction in the number of offline industry customized events and training courses, which are key components of the company’s marketing and training services. Stakeholders are advised to exercise caution as these figures are based on preliminary assessments and have not been audited.

More about Zero2IPO Holdings, Inc.

Zero2IPO Holdings Inc. operates in the financial services industry, focusing on providing marketing and training services, particularly through offline industry customized events and training courses.

YTD Price Performance: -5.63%

Average Trading Volume: 149,628

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$408.8M

See more data about 1945 stock on TipRanks’ Stock Analysis page.

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