Summary by Futu AI
HSC Resources Group Limited issued a profit warning on July 26th, 2024, stating that the unaudited comprehensive profit for the year ended April 30th, 2024, will not be less than HKD 2.0 million, a decrease from HKD 7.4 million in the previous fiscal year. The board of directors pointed out that the decrease in profit was mainly due to increased sales costs, reduced government subsidies, and increased financial expenses. Currently, the company is preparing and implementing its annual financial performance, and unaudited management accounts may still need to be adjusted. The company will publish a detailed annual performance announcement on July 31st, 2024. Shareholders and potential investors should handle related securities transactions with caution.