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Zhong Ji Longevity Science Group Issues Profit Warning for FY24

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Zhong Ji Longevity Science Group Issues Profit Warning for FY24

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Zhong Ji Longevity Science Group Limited ( (HK:0767) ) has provided an announcement.

Zhong Ji Longevity Science Group Limited has issued a profit warning for the fiscal year ending December 31, 2024, anticipating a net loss between HK$32 million and HK$35 million, a significant decline from the previous year’s profit. This downturn is attributed to one-off legal and service fees related to loan recovery, substantial marketing costs for MNM supplements, and restructuring costs associated with the removal of the retail sales division and enhancement of service and product lines.

More about Zhong Ji Longevity Science Group Limited

Zhong Ji Longevity Science Group Limited operates in the longevity science industry, focusing on the provision of diagnostic and medical test services, as well as health products, including MNM dietary supplements.

YTD Price Performance: 81.82%

Average Trading Volume: 798,940

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$218.6M

See more data about 0767 stock on TipRanks’ Stock Analysis page.

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