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Dynamic Holdings Limited ( (HK:0029) ) just unveiled an announcement.
Dynamic Holdings Limited has issued a profit warning, indicating an expected consolidated net loss of approximately HK$42 million for the six months ended 31 December 2024. This contrasts with a net profit of HK$5,366 million in the previous period, primarily due to the absence of a one-off fair value gain from land distribution and a decrease in the fair value of investment properties. These factors are non-cash in nature, and the interim results are yet to be finalized.
More about Dynamic Holdings Limited
Dynamic Holdings Limited is a company incorporated in Bermuda, primarily engaged in property investment and development. The company operates within the real estate sector, focusing on investment properties and land development.
YTD Price Performance: 24.00%
Average Trading Volume: 221,236
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$2.95B
Learn more about 0029 stock on TipRanks’ Stock Analysis page.
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