CHAODA MODERN (00682) issues profit warning, expecting a net loss of approximately 47% year-on-year increase in the mid-term.

CHAODA MODERN (00682) announces that the group expects to incur a net loss for the reporting period (ending December 31, 2024), which is approximately 47% higher than the same period in 2023. The announcement stated that the board of directors believes that the increase in expected loss is mainly due to a decrease in other income.