China Travel International Investment Hong Kong (HK:0308) has released an update.
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China Travel International Investment Hong Kong Limited has issued a profit warning, anticipating a decrease of no less than 60% in profit for the first half of 2024 compared to the same period in 2023. This decline is mainly due to a decrease in the fair value of investment properties. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
For further insights into HK:0308 stock, check out TipRanks’ Stock Analysis page.