Smart Globe Holdings Flags Wider Loss in 2024

MT Newswires Live

2025/03/04

Smart Globe Holdings (HKG:1481) expects a loss after tax of between HK$11 million and HK$13 million in 2024, wider than HK$3.7 million in 2023, a Feb. 28 Hong Kong bourse filing said.

The book printing company attributed the forecast to an increase in administrative, legal, and professional expenses due to the commencement of the logistics business in Sub-Saharan Africa and decreased gross profits.

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