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Eminence Enterprise Limited ( (HK:0616) ) has shared an update.
Eminence Enterprise Limited has issued a profit warning, anticipating a significant increase in net loss for the fiscal year ending March 31, 2025, with losses expected to exceed HK$300 million, compared to HK$213.1 million the previous year. This increase is attributed to several factors, including higher losses from changes in the fair value of investment properties, disposal of properties, and financial assets, as well as increased finance costs. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about Eminence Enterprise Limited
Eminence Enterprise Limited is a company incorporated in Bermuda with limited liability, primarily engaged in investment activities. The company is listed on the Hong Kong Stock Exchange and focuses on managing a portfolio of investment properties and financial assets.
Average Trading Volume: 2,168,929
Technical Sentiment Signal: Sell
Current Market Cap: HK$78.11M
See more insights into 0616 stock on TipRanks’ Stock Analysis page.