---
title: "ASIA ENERGY LOG issued a profit warning, expecting a loss of approximately HKD 30 million for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229164120.md"
description: "According to the Zhitong Finance APP, ASIA ENERGY LOG announced that the group expects to incur a loss of approximately HKD 30 million for the year ending December 31, 2024, compared to a profit of approximately HKD 11.1 million for the year ending December 31, 2023. The change is mainly due to a decline in charter income and changes in the fair value of financial assets recognized in profit or loss"
datetime: "2025-02-21T09:44:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229164120.md)
  - [en](https://longbridge.com/en/news/229164120.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229164120.md)
---

# ASIA ENERGY LOG issued a profit warning, expecting a loss of approximately HKD 30 million for the fiscal year 2024

According to the announcement from Asia Energy Logistics (00351), the group expects to incur a loss of approximately HKD 30 million for the year ending December 31, 2024, compared to a profit of approximately HKD 11.1 million for the year ending December 31, 2023. The change is mainly due to a decline in charter income and changes in the fair value of financial assets recognized in profit or loss at fair value

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