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Zhong Ji Longevity Science Forecasts Loss in 2024
According to the profit warning, ZHONG JI LS (00767.HK) expects to incur a loss of at least 32 million yuan for the entire year.
ZHONG JI LS (00767.HK) issued a profit warning, anticipating a net loss attributable to shareholders of the company in the range of 32 million to 35 million yuan for the fiscal year 2024, compared to a profit of 2.3 million yuan last year. This is mainly due to non-recurring legal and service fees of approximately 20.4 million yuan incurred from the collection of a long-term outstanding loan from a subsidiary; significant marketing costs related to the MNM supplements for the ZHONG JI LS business in mainland China; and substantial restructuring costs associated with the withdrawal of the MNM dietary supplements retail sector and other health product lines.
ZHONG JI LS (00767) issues a profit warning, expecting a net loss of approximately 32 million to 35 million Hong Kong dollars for the fiscal year 2024.
ZHONG JI LS (00767) announced that the group expects to achieve a net loss of approximately 32 million in the fiscal year 2024...
ZHONG JI LS: PROFIT WARNING
ZHONG JI LS (00767.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 18, Glonghui announced that ZHONG JI LS (00767.HK) will hold a Board of Directors meeting on March 28, 2025, to approve the announcement of the company's and its subsidiaries' annual performance for the year ending December 31, 2024, and to consider the proposal for the distribution of a final dividend (if any).
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