HM INTL HLDGS issued a profit warning, expecting an annual loss of no less than HKD 8.3 million, turning from profit to loss year-on-year
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HM International Holdings issued a profit warning, expecting an annual loss of no less than HKD 8.3 million for the year ending December 31, 2024, a significant turnaround from a profit of HKD 6.5 million in the same period of 2023. It is anticipated that revenue during the reporting period will decrease by no more than 11%, mainly due to a decline in revenue from financial printing projects, one-time expenses of approximately HKD 3 million related to office relocation, and goodwill impairment losses of approximately HKD 3 million
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