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China Travel International Investment Hong Kong ( (HK:0308) ) has provided an announcement.
China Travel International Investment Hong Kong Limited has issued a profit warning, indicating an expected decrease of no less than 40% in profit attributable to shareholders for the year ending December 31, 2024, compared to the previous year. This decline is primarily due to a decrease in the fair value of investment properties. The announcement is based on preliminary unaudited financial results, and the final results may differ. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about China Travel International Investment Hong Kong
China Travel International Investment Hong Kong Limited operates in the travel and tourism industry, with a focus on investment in travel-related businesses and properties in Hong Kong and China.
YTD Price Performance: 3.15%
Average Trading Volume: 3,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $755.2M
Learn more about 0308 stock on TipRanks’ Stock Analysis page.