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Oshidori International Issues Profit Warning with Increased Losses

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Oshidori International Issues Profit Warning with Increased Losses

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The latest update is out from Oshidori International Holdings Limited ( (HK:0622) ).

Oshidori International Holdings Limited has issued a profit warning, indicating an expected net loss of HK$188.6 million for the year ending December 31, 2024, compared to a net loss of HK$84.5 million in the previous year. The increased loss is attributed to a net unrealized fair value loss on financial assets and a share of loss from associates. The company is still finalizing its consolidated results, and the figures are based on unaudited management accounts, urging shareholders and potential investors to exercise caution.

More about Oshidori International Holdings Limited

Oshidori International Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and engages in various financial activities, including investments and asset management.

YTD Price Performance: 182.35%

Average Trading Volume: 4,491,878

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.97B

For detailed information about 0622 stock, go to TipRanks’ Stock Analysis page.

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