Fire Rock Holdings Ltd (HK:1909) has released an update.
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Fire Rock Holdings Limited has issued a profit warning, anticipating a significant decrease of over 90% in revenue and other income for the first half of 2024 compared to the same period in 2023. This downturn is attributed to challenging market conditions, including exchange rate changes and economic factors specific to their industry. Shareholders and potential investors are advised to exercise caution and await the detailed interim results expected by late August 2024.
For further insights into HK:1909 stock, check out TipRanks’ Stock Analysis page.