OKG Technology Holdings Limited (HK:1499) has recently announced a warning to investors regarding their financial performance for the fiscal year ending in March 2024. The company is expected to suffer a loss of at least HK$35.0 million, which represents a significant decline from the previous year’s profit of HK$43.5 million. The main reason for this shortfall is a decrease in revenues from the Group’s digital assets trading business. Investors are advised to exercise caution when trading the company’s shares, as final results are set to be announced on 27 June 2024.
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Overall, while OKG Technology Holdings Limited may be facing challenges in their digital assets trading business, investors can still utilize resources like TipRanks’ Stock Analysis page to make informed decisions about their investments.
