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JOY SPREADER (06988.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
Glory Financial on March 18 announced that JOY SPREADER (06988.HK) will hold a Board of Directors meeting on March 28, 2025 (Friday). The agenda includes reviewing and approving the audited annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as considering the recommendation for the distribution of a final dividend (if any).
JOY SPREADER: DATE OF BOARD MEETING
JOY SPREADER (06988.HK) has made strategic investments in AI research and development, significantly increasing the GMV of related Business both domestically and internationally.
Recently, JOY SPREADER (06988.HK) released a profit warning announcement, indicating a loss of approximately 1,050 million to 1,150 million Hong Kong dollars. Due to significant losses in 2024, the management stated that the losses were primarily due to ongoing investments in overseas e-commerce platforms, and that in 2024, the group increased its strategic investments in AI-related fields to meet the growing Business demands. Establishing proprietary AI algorithm marketing models significantly enhances traffic deployment efficiency, with overseas e-commerce GMV exceeding 1.3 billion US dollars, a growth of 133% driven by the group's years of meticulous work in the advertising Industry and digital marketing.
Joy Spreader Group Flags 47% Wider Loss in 2024
JOY SPREADER (06988) issues a profit warning, expecting an annual net loss attributable to Shareholders of approximately 1.05 billion HKD to 1.15 billion HKD, an increase of about 33.90% to 46.65% year-on-year.
JOY SPREADER (06988) issued an announcement, stating that the group expects to achieve for the year ending December 31, 2024 (...
"Profit Warning" JOY SPREADER (06988.HK) expects a net loss of approximately 1.05 billion to 1.15 billion yuan for this fiscal year.
JOY SPREADER (06988.HK) issued a profit warning, estimating a net loss attributable to the year ending December 31, 2024, of approximately 1.05 billion to 1.15 billion yuan, an increase of about 33.9% to 46.65% compared to the net loss in the 2023 financial year; revenue during the period is expected to be no less than approximately 0.11 billion yuan, while revenue for the 2023 financial year was 5.083 billion yuan. (ca/)~