Future Bright Holdings Warns of Profit Decline

Future Bright Holdings (HK:0703) has released an update.

Future Bright Holdings has issued a profit warning for the nine months ending September 2024, reporting a significant 79% drop in unaudited profits compared to the same period in 2023. This decline is attributed to decreased turnover despite an increase in visitor arrivals to Macau and Hong Kong. The company’s food and catering segment incurred losses, while its food souvenir and property investment businesses remained profitable.

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