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Bonny International Holding Ltd. ( (HK:1906) ) just unveiled an announcement.
Bonny International Holding Limited has issued a profit warning, indicating an expected loss of approximately RMB16.7 million for the year 2024, an improvement from the RMB45.3 million loss in 2023. This loss is mainly due to a decrease in the fair value of investment properties and a bad debt provision. Excluding these factors, the company nearly broke even with a slight profit, driven by a significant increase in revenue from its principal activities.
More about Bonny International Holding Ltd.
Bonny International Holding Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries in various sectors. The company is listed on the Hong Kong Stock Exchange and focuses on investment properties and other principal activities.
YTD Price Performance: 43.64%
Average Trading Volume: 7,705,161
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$581.1M
See more data about 1906 stock on TipRanks’ Stock Analysis page.