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GROWN UP GROUP: ANNUAL REPORT 2024
The performance of GROWN UP GROUP (01842.HK) showed a full-year loss of 4.45 million yuan, reversing from profit to loss.
GROWN UP GROUP (01842.HK) announced its 2024 annual results, with revenue of 0.307 billion yuan, an annual increase of 5.4%. It recorded a loss of 4.45 million yuan, compared to a net profit of 1.09 million yuan in the previous year, turning from profit to loss; the loss per share was 0.37 cents. No final dividend will be distributed.
GROWN UP GROUP: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
GROWN UP GROUP (01842.HK) will hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui March 11丨 GROWN UP GROUP (01842.HK) announced that the company will hold a Board of Directors meeting on March 21, 2025, to review and approve (including) the company's and its subsidiaries' annual performance for the year ending December 31, 2024, and the proposed final dividend distribution (if any).
GROWN UP GROUP: DATE OF BOARD MEETING
The profit warning from GROWN UP GROUP (01842.HK) indicates a lack of one-time earnings, and it is estimated that the annual results will show a loss.
GROWN UP GROUP (01842.HK) issued a profit warning, expecting a loss of between 4 million and 5 million yuan for the year 2024, compared to a net profit of 1.1 million yuan last year. This is mainly due to a one-time gain of 15.9 million yuan recognized from an after-sales leaseback Trade in 2023.