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Maiyue Technology Issues Profit Warning with Significant Decline

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Maiyue Technology Issues Profit Warning with Significant Decline

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Maiyue Technology Limited ( (HK:2501) ) just unveiled an update.

Maiyue Technology Limited has issued a supplemental announcement regarding a significant decrease in its expected profit for the year under review, with an anticipated profit of approximately RMB0.1 million, a 99.6% drop from the previous year’s RMB22.6 million. This announcement highlights the company’s ongoing preparation of its consolidated financial results, which may differ from preliminary assessments, and advises shareholders and potential investors to exercise caution until the official annual results are published.

More about Maiyue Technology Limited

Maiyue Technology Limited, incorporated in the Cayman Islands, operates within the technology sector and is listed on the Stock Exchange of Hong Kong. The company, along with its subsidiaries, focuses on delivering technology solutions and services.

YTD Price Performance: 39.08%

Average Trading Volume: 261,921

Technical Sentiment Signal: Sell

For an in-depth examination of 2501 stock, go to TipRanks’ Stock Analysis page.

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