Sitoy Group Schedules Board Meeting to Review Interim Results

TipRanksFeb 7 18:39

SITOY GROUP (01023.HK) plans to hold a Board of Directors meeting on February 24 to approve the interim results.

Glory Exchange reported on February 7 that SITOY GROUP (01023.HK) announced that the Board of Directors will hold a meeting on February 24, 2025 (Monday) to consider and approve the publication of the unaudited interim results for the six months ending December 31, 2024, and to consider the distribution of an interim dividend (if any).

Gelonghui FinanceFeb 7 18:10

SITOY GROUP: DATE OF BOARD MEETING

HKEXFeb 7 18:08 · Announcements

Sitoy Group Expects Significant Loss Amid Global Economic Challenges and Business Termination

TipRanksFeb 7 17:07

In a profit warning, SITOY GROUP (01023.HK) currently expects to incur a loss of approximately 75 million yuan for the interim period.

SITOY GROUP (01023.HK) has released an update on its profit warning, expecting a net loss of approximately 60 million to 75 million HKD for the six months ending December 31, 2024, compared to a net profit of about 53.554 million HKD for the same period in 2023. This is primarily due to Global inflationary pressures and geopolitical tensions creating uncertainty in the Global economy, thereby reducing demand for the Manufacturing Business and affecting revenue sources; alongside significant one-off losses resulting from the termination of the Cole Haan Business.

AASTOCKSFeb 7 17:05

SITOY GROUP: UPDATE ON PROFIT WARNING

HKEXFeb 7 17:01 · Announcements