
COSMOS MACH announces a profit warning, expecting annual consolidated profit of no less than HKD 12 million, turning from loss to profit year-on-year

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COSMOS MACH expects an annual consolidated profit of no less than HKD 12 million by December 31, 2024, turning a profit from a loss. This is in contrast to a consolidated loss of approximately HKD 59.515 million as of December 31, 2023, mainly due to non-recurring losses from the sale of the printed circuit board processing business and goodwill impairment losses. Excluding non-recurring items, the performance is similar to last year
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