PB HOLDINGS issued a profit warning, expecting a net loss of 170 million to 250 million yuan for the year 2024, turning from profit to loss year-on-year
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PB HOLDINGS expects a net loss of 170 million to 250 million yuan for the year 2024, turning from profit to loss year-on-year. Due to difficulties in realizing the seedling assets of Suzhou Fengcai Ecological Technology Group Co., Ltd., in which it holds shares, the company has reassessed the fair value of its equity investment in the company, resulting in an increase in fair value change losses. The specific amount of the change will be determined after auditing and board review
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