
Courage Investment issued a profit warning, expecting a loss attributable to shareholders of no more than USD 1.9 million in the first half of the year, a year-on-year turnaround from profit to loss

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According to the Zhitong Finance APP, Courage Investment announced that, compared to the profit of approximately USD 1.3 million for the six months ending June 30, 2024 (the first half of 2024), the group expects to incur a loss attributable to the owners of the company of no more than USD 1.9 million for the six months ending June 30, 2025 (the first half of 2025). This is mainly due to the continued trade disruptions and fluctuations in tariffs, which have led to a decrease in the profit contribution from the group's logistics and transportation services
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