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Fire Rock Holdings Ltd ( (HK:1909) ) has provided an announcement.
Fire Rock Holdings Limited, a company listed on the Hong Kong Stock Exchange, has issued a supplemental announcement regarding its profit warning. The company anticipates a significant decrease in its unaudited profit for the relevant period, reporting approximately HK$1.9 million compared to HK$572.5 million for the year ended December 31, 2023. This decline is attributed to a substantial drop in other income, specifically from a non-recurring event involving promissory notes related to an acquisition. Shareholders and potential investors are advised to exercise caution as the figures are preliminary and subject to change.
More about Fire Rock Holdings Ltd
YTD Price Performance: -7.69%
Average Trading Volume: 2,084,909
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$453.1M
For a thorough assessment of 1909 stock, go to TipRanks’ Stock Analysis page.
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