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REGO INTERACT: Annual Report 2024
REGO INTERACT: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
The "Profit Warning" from Run Ge Interactive (02422.HK) indicates that it is expected to report a loss last year, with a net loss of at least 29.2 million yuan.
Runge Interactive (02422.HK) issued a profit warning, expecting to turn from profit to loss for the year ending December 2023, recording a net loss of no less than 29.2 million yuan. This is compared to a net profit of approximately 12.6 million yuan in the previous year. The company explained that the main reason for the turnaround from profit to loss is due to the continuation of the subdued atmosphere in China's Consumer market into 2024, with many businesses reducing their Marketing Services budgets and overall advertising expenditure, leading to a decrease in the group's promotion and marketing services revenue; considering the uncertainty in the market environment, the group continues to adopt a cautious strategy when selecting quality clients to manage Crediting risks; and increased expenses.
Runge Interactive (02422) issues a profit warning, expecting a net loss after tax of no less than 29.2 million yuan for the year, reversing from profit to loss year-on-year.
Runge Interactive (02422) announced that the group expects to achieve tax for the year ending December 31, 2024...
REGO INTERACT: PROFIT WARNING
Runge Interactive (02422.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Glory Financial announced on March 11 that Runge Interactive (02422.HK) will hold a Board of Directors meeting on March 31, 2025 (Monday) to consider and approve the group's annual performance for the year ending December 31, 2024, as well as proposals for the final dividend (if any) and to address any Other matters.