Beijing Health (Holdings) Limited (HK:2389) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Beijing Health (Holdings) Limited has issued a profit warning indicating an expected increase in loss of approximately HK$40 million compared to the previous year. The increase is attributed to exchange losses, decreased share prices of associates, lower interest income from completed real estate projects, and higher interest expenses in joint ventures. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
For further insights into HK:2389 stock, check out TipRanks’ Stock Analysis page.