DLC ASIA issued a profit warning, expecting annual net profit after tax to drop to approximately HKD 100,000
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DLC ASIA expects its annual net profit after tax for the year ending March 31, 2025, to drop to approximately HKD 100,000, a significant decrease from HKD 1.9 million in the same period of 2024. The board pointed out that the main reasons include a decrease in revenue of approximately HKD 8 million, a reduction in employee costs of approximately HKD 4.8 million, and a decrease in settlement fees and erroneous account expenses of approximately HKD 1 million, all of which are related to the decline in trading volume
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