On May 31st, Geelong announced that Michael Group (09879.HK) estimated a net income of approximately RMB 256 million to RMB 280 million for the fiscal year 2024 (ending March 31, 2024), a decrease of about 34% to 39% year-on-year compared to fiscal year 2023. Although the sales volume of the group's potassium fertilizer products increased in the fiscal year 2024 compared to the fiscal year 2023, the net income of the group is expected to decrease in the fiscal year 2024 due to relevant reasons.
米高集团(09879.HK)盈警：预计2024财年净利润同比减少34%至39%
MGM Group (09879.HK) Profit Alert: Net profit for the 2024 fiscal year is expected to decrease by 34% to 39% year-on-year
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