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Beijing Jingkelong Co. Ltd. Issues Profit Warning Amid Rising Rental Costs

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Beijing Jingkelong Co. Ltd. Issues Profit Warning Amid Rising Rental Costs

Elevate Your Investing Strategy:

Beijing Jingkelong Co. Ltd. Class H ( (HK:0814) ) has issued an update.

Beijing Jingkelong Co. Ltd. has issued a profit warning, anticipating a significant increase in net loss for the fiscal year ending December 31, 2024, compared to the previous year. The expected net loss is attributed mainly to a substantial rise in rental costs due to upward adjustments by major lessors, impacting the company’s financial performance and advising caution to shareholders and potential investors.

More about Beijing Jingkelong Co. Ltd. Class H

Beijing Jingkelong Co. Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the retail industry, focusing on providing a range of consumer goods and services.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €16.33M

For an in-depth examination of 0814 stock, go to TipRanks’ Stock Analysis page.

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