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The latest announcement is out from Asia Commercial Holdings Limited ( (HK:0104) ).
Asia Commercial Holdings Limited has issued a profit warning, indicating a projected net profit of not less than HK$18 million for the year ended 31 March 2025, a decrease of approximately 31% from the previous year. The decline is attributed to increased revaluation losses on investment properties and higher income tax expenses, although these were partially offset by a government subsidy. Despite these challenges, the company’s core business operations have remained stable, maintaining a satisfactory financial position.
More about Asia Commercial Holdings Limited
Average Trading Volume: 594,734
Technical Sentiment Signal: Buy
Current Market Cap: HK$166.6M
See more insights into 0104 stock on TipRanks’ Stock Analysis page.