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  • UB Group Holdings (08529) issues profit warning, expecting a loss of approximately HKD 9.5 million in the mid-term, a year-on-year change from profit to loss.

优博控股(08529)发盈警 预期中期取得亏损约950万港元 同比盈转亏

UB Group Holdings (08529) issues profit warning, expecting a loss of approximately HKD 9.5 million in the mid-term, a year-on-year change from profit to loss.

Zhitong Finance ·  Aug 19 16:50

UB Group (08529) announced that the group expects to achieve...

According to the announcement made by UB Group (08529), the group is expecting a loss of about 9.5 million HKD for the period ending June 30, 2024, while earning a profit of about 3.7 million HKD for the period ending June 30, 2023.

According to the announcement, the net loss for the period ending June 30, 2024 is mainly due to the decline in sales of pallets and related products compared to the same period in 2023, and the listing expenses of approximately 8.4 million HKD included in the group's profit and loss statement ending June 30, 2024.

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