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Maiyue Technology Limited ( (HK:2501) ) just unveiled an announcement.
Maiyue Technology Limited has issued a profit warning, indicating a slight profit for the year ending December 31, 2024, compared to a profit of approximately RMB22.6 million in 2023. The decrease in profit is attributed to a larger provision for impairment loss on trade receivables and contract assets, amounting to approximately RMB25.0 million, and a decrease in gross profit from its integrated IT solutions services segment due to lower gross profit margins on certain projects. The company is preparing its consolidated financial results, which may differ from the preliminary figures, with further details to be disclosed in the annual results announcement expected by March 2025.
More about Maiyue Technology Limited
Maiyue Technology Limited is a company incorporated in the Cayman Islands, operating in the technology sector. The company provides integrated IT solutions services, focusing on delivering technology-driven solutions to its clients.
YTD Price Performance: 32.18%
Average Trading Volume: 234,440
Technical Sentiment Signal: Sell
Find detailed analytics on 2501 stock on TipRanks’ Stock Analysis page.