Chinese People Holdings Co. Ltd. (HK:0681) has released an update.
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Chinese People Holdings Co. Ltd. issued a profit warning, alerting shareholders and potential investors that their consolidated profit for the first half of 2024 is expected to drop by approximately HK $13 million compared to the same period in 2023. This decline is primarily due to a decrease in profit share from joint ventures. The company advises caution in dealing with its shares and will publish finalized interim results on August 29, 2024.
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