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Dragon Rise Projects Steep Profit Decline

Dragon Rise Projects Steep Profit Decline

Dragon Rise Group Holdings Ltd. (HK:6829) has released an update.

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Dragon Rise Group Holdings Ltd. has issued a profit warning, anticipating a 40-50% decrease in the year’s profit, mainly due to increased credit losses and slow local economic recovery. Shareholders and investors are advised to proceed with caution when dealing with the company’s securities. The final results, subject to adjustments, will be published in June 2024.

For further insights into HK:6829 stock, check out TipRanks’ Stock Analysis page.

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