CHAMP ALLI INTL issued a profit warning, expecting an annual net profit of approximately HKD 500,000, a year-on-year decline
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According to the announcement from CHAMP ALLI INTL, the group expects to achieve a net profit of approximately RMB 500,000 for the year ending December 31, 2024, compared to a net profit of approximately RMB 9.6 million for the year ending December 31, 2023. The decline in net profit is mainly due to the provision for impairment of receivables amounting to approximately RMB 8.7 million
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