HK Tech Venture Limited issued a profit warning on August 16, 2024, expecting to record unaudited losses of around 25 million to 30 million Hong Kong dollars for the six months ended June 30, 2024, while adjusted EBITDA for the same period is expected to be between 35 million and 40 million Hong Kong dollars. In addition, the company's total commodity trading volume of orders increased by 4.9% compared to the same period last year, reaching 4.2 billion 35.5 million Hong Kong dollars, and the number of online shopping customers has also increased. The losses were mainly due to the startup losses of new exploration projects, losses from non-cash items, increased depreciation and amortization, currency depreciation, and reduced deferred tax credits. The company emphasized that these losses are necessary investments for long-term growth strategies and the development of innovative products and services. The board of directors reminds shareholders and potential investors not to rely too heavily on preliminary data and to proceed with caution. The final mid-term performance will be announced on August 23, 2024.

HK Tech Venture Limited issued a profit warning on August 16, 2024, expecting to record unaudited losses of around 25 million to 30 million Hong Kong dollars for the six months ended June 30, 2024, while adjusted EBITDA for the same period is expected to be between 35 million and 40 million Hong Kong dollars. In addition, the company's total commodity trading volume of orders increased by 4.9% compared to the same period last year, reaching 4.2 billion 35.5 million Hong Kong dollars, and the number of online shopping customers has also increased. The losses were mainly due to the startup losses of new exploration projects, losses from non-cash items, increased depreciation and amortization, currency depreciation, and reduced deferred tax credits. The company emphasized that these losses are necessary investments for long-term growth strategies and the development of innovative products and services. The board of directors reminds shareholders and potential investors not to rely too heavily on preliminary data and to proceed with caution. The final mid-term performance will be announced on August 23, 2024.