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An update from China Fortune Holdings Limited ( (HK:0110) ) is now available.
China Fortune Holdings Limited has issued a profit warning, indicating that the company expects to report a net loss between HK$31.0 million and HK$36.0 million for the year ending December 31, 2024, compared to a net loss of approximately HK$15.1 million in the previous year. This anticipated increase in net loss is primarily due to the disposal of subsidiaries involved in the mining business and fair value losses on financial assets. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about China Fortune Holdings Limited
YTD Price Performance: 35.00%
Average Trading Volume: 4,577
Technical Sentiment Signal: Sell
Current Market Cap: €5.74M
For an in-depth examination of 0110 stock, go to TipRanks’ Stock Analysis page.