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Fineland Real Estate Services Group ( (HK:9978) ) has shared an announcement.
Fineland Living Services Group Limited has issued a profit warning, indicating an expected net loss exceeding RMB73.0 million for the year ending December 31, 2024. This anticipated loss is primarily due to impairment losses on financial and non-financial assets, estimated to exceed RMB90.0 million, and a revenue decrease of no less than RMB50.0 million. The announcement highlights the company’s ongoing financial challenges and advises shareholders and potential investors to exercise caution when dealing with its securities.
More about Fineland Real Estate Services Group
Fineland Living Services Group Limited, formerly known as Fineland Real Estate Services Group Limited, operates in the real estate services industry. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 5.00%
Average Trading Volume: 274,260
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$25.2M
Find detailed analytics on 9978 stock on TipRanks’ Stock Analysis page.