Summary by Futu AI
On June 21, 2024, Pacific Textiles released a supplementary announcement updating its profit warning for the year ending March 31, 2024. The announcement revised the previously expected Teejay performance and investment impairment losses from HKD 120 million to HKD 56.9 million. This change resulted in a decrease in the expected net profit attributable to equity holders from 60.6% to 37.8%, or from HKD 268.6 million to approximately HKD 167.1 million. The company emphasized that the final performance may differ from the disclosed data and will announce the 2023/24 performance on June 27, 2024. The board of directors urges shareholders and potential investors to exercise caution when trading shares.