Daido Group to Swing to Loss in 2024

MT Newswires Live

2025/03/04

Daido Group (HKG:0544) expects a minimum net loss attributable to the equity holders of HK$40 million for 2024, against a net attributable profit of HK$5.7 million in 2023.

The warehouse, logistics, and trading company attributed the forecast to a decrease in revenue resulting from macroeconomic conditions, according to a Feb. 28 bourse filing.

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