Summary by Futu AI
Royal Cen Res Holdings Limited ("Royal Cen Res") issued a profit warning, predicting that the unaudited comprehensive net loss for the year ending March 31, 2024 will significantly decrease. Based on preliminary estimates, the loss is expected to be between HKD 9 million and HKD 11 million, a significant decrease from approximately HKD 24.6 million in the same period of 2023. This improvement is mainly due to the company's effective cost control measures, as well as the increase in gross profit and revenue brought by leased buildings and equipment. The company emphasizes that these figures have not been audited and have not been reviewed by auditors or audit committees. Royal Cen Res will announce detailed annual performance on June 28, 2024. Shareholders and potential investors of the company should exercise caution and pay attention to investment risks.