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An announcement from Fire Rock Holdings Ltd ( (HK:1909) ) is now available.
Fire Rock Holdings Limited has issued a profit warning, indicating a significant decrease in its unaudited total revenue and other income for the year ended December 31, 2024, compared to the previous year. This decline, approximately 80.5%, is primarily attributed to a non-recurring income event in 2023 related to the surrender of promissory notes, which had significantly boosted the previous year’s income. The company’s financial results for the relevant period are still preliminary and unaudited, with final results expected by late March 2025.
More about Fire Rock Holdings Ltd
Fire Rock Holdings Limited operates within the financial sector, focusing on investments and holdings. The company is involved in acquisitions and management of various assets, with a market focus on enhancing shareholder value through strategic financial maneuvers.
YTD Price Performance: -19.23%
Average Trading Volume: 1,835,581
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$403.2M
Learn more about 1909 stock on TipRanks’ Stock Analysis page.