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.
For further insights into HK:0681 stock, check out TipRanks’ Stock Analysis page.
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