CMON Expects to Swing to Loss in 2024

MT Newswires Live
03-13

CMON (HKG:1792) expects a loss attributable to equity holders for 2024 of about $1.4 million to $2.1 million compared to a profit of about $0.8 million a year earlier, according to a Wednesday filing with the Hong Kong bourse.

The company attributed the turnaround from profit to loss to decreased revenue due to a drop in sales of tabletop games as the cost of living increased in key markets like North America and Europe.

The designers of board games and graphic novels plan to publish their annual results by the end of March.

Price (HKD): $0.02, Change: $-0.0010, Percent Change: -4.00%

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