Summary by Futu AI
Trendzon Holdings Group Limited ("Trendzon Holdings") issued a profit warning on June 26, 2024, stating that a net loss of approximately 12.0 million pounds is expected for the year ending March 31, 2024, a significant increase from the loss of 2.1 million pounds in the same period of 2023. The board of directors pointed out that the increase in loss was mainly due to share-based payments, increase in employee compensation, impairment loss on assets held for sale, and decrease in agency income. The company emphasized that this is a preliminary evaluation based on currently available information and has not been reviewed by independent auditors or audit committees. Trendzon Holdings will announce detailed annual performance in June 2024. Shareholders and potential investors should exercise caution in relation to securities transactions.