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COCOON HOLDINGS (00428) announced its annual results, with a loss attributable to shareholders of 76.81 million HKD, reversing from profit to loss year-on-year.
COCOON HOLDINGS (00428) announced its annual performance for the year ending December 31, 2024, during which the group achieved...
COCOON HOLDINGS: ANNUAL RESULTS ANNOUNCEMENT FORTHE YEAR ENDED 31 DECEMBER 2024
Cocoon Holdings Issues Profit Warning Amid Investment Losses
In the profit warning, COCOON HOLDINGS (00428.HK) forecasts a loss of no less than 70 million yuan last year.
COCOON HOLDINGS (00428.HK) issued a profit warning, anticipating a loss of no less than 70 million yuan in 2024, compared to a net profit of 53.5 million yuan in the previous year. This is mainly due to the poor performance of the listed securities held by the group in the USA, resulting in a significant increase in unrealized losses from listed investments.
COCOON HOLDINGS: PROFIT WARNING
COCOON HOLDINGS: CHANGE OF DATE OF BOARD MEETING