Summary by Futu AI
Bao Guang Industrial (International) Limited ("Bao Guang Industrial") issues a profit warning, forecasting a comprehensive loss attributable to shareholders ranging from HK$5 million to HK$7 million for the six months ended September 30, 2024. In comparison, a comprehensive loss of HK$29.9 million was recorded for the same period in 2023. In addition, the company expects its revenue for the first half of 2024 to decrease by approximately 15% to 20% compared to the first half of 2023. Bao Guang Industrial pointed out that these preliminary data have not been reviewed or audited by auditors and emphasized that the final performance may vary from the current forecast. The company expects to announce detailed interim performance by the end of November 2024. Shareholders and potential investors should handle related stock trades with caution.