NATURAL FOOD IH issues a profit warning, expecting to achieve a net profit of approximately HKD 180 million to HKD 194 million in 2024, a year-on-year increase of about 18% to 28%
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NATURAL FOOD IH expects to achieve a net profit of approximately HKD 180 million to HKD 194 million in 2024, representing a year-on-year growth of about 18% to 28%. The group anticipates that 210 offline counters may close in 2025 due to adjustments in the operating strategies of important retail channels, resulting in a total revenue decrease of approximately HKD 50 million to HKD 80 million for the fiscal year 2025. The growth in net profit is mainly attributed to the effective implementation of business development strategies and cost control policies
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