
"Profit Warning" METALIGHT confirms significant increase in fair value losses, expects interim results to be in the red
META Light (02605.HK) issued a profit warning, expecting a loss of between RMB 115 million and RMB 135 million for the six months ending in June, compared to a net profit of RMB 230,000 in the same period last year. The loss from profit is mainly due to a significant increase of over 10 times in the fair value loss of preferred shares confirmed before the listing
