MODERN INNOVATIVE DIGITAL(02322.HK): Profit Warning, Expected Annual Loss Widens to HK$220 Million – HK$260 Million

NewTimeSpace News: On June 28, 2026, MODERN INNOVATIVE DIGITAL(02322.HK) released a profit warning. Based on the board’s preliminary assessment of the Group’s unaudited consolidated management accounts for the year ended March 31, 2026, the Company anticipates recording a net loss between HK$220 million and HK$260 million, compared with a net loss of roughly HK$88.9 million in the prior financial year.

The Board attributes the enlarged net loss primarily to a sharp rise in expected credit loss provisions made against trade receivables owed by clients of the Group’s trading and money lending businesses.

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