CB GLOBAL issues a profit warning, expecting annual performance to turn from loss to profit of approximately HKD 9 million to 11 million
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CB GLOBAL expects to turn a profit for the fiscal year ending March 31, 2025, with an estimated profit of approximately HKD 9 million to HKD 11 million, compared to a loss of approximately HKD 76 million in the same period of 2024. The improvement in performance is mainly attributed to a profit of approximately HKD 16 million from property management services, as well as a reversal of impairment provisions of approximately HKD 3 million in the credit loss model
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