GR Properties Limited (HK:0108) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
GR Life Style Company Limited has issued a profit warning, anticipating a significant decrease in profits for the first half of 2024, projecting it to be between HK$0.2 million and HK$0.3 million, a stark contrast to the HK$39.3 million reported in the same period of the previous year. This expected decline is primarily due to the absence of remeasurement gains from property transfers that were recognized in the previous year. Investors are advised to exercise caution when dealing in the company’s securities.
For further insights into HK:0108 stock, check out TipRanks’ Stock Analysis page.