Fujing Holdings Company., Limited (HK:2497) has released an update.
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Fujing Holdings Co., Limited projects a decrease in net profit for the first half of 2024, estimating earnings between RMB 13.0 million and RMB 17.0 million, a drop from the RMB 25.0 million reported in the same period of 2023. The anticipated decline is attributed to increased listing and administrative expenses following the company’s recent listing on The Stock Exchange of Hong Kong Limited. Investors are cautioned to await the finalized interim results due for release in late August 2024 before trading.
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