tiprankstipranks
Trending News
More News >

Henderson Investment Limited Issues Profit Warning with Increased Losses Expected

Story Highlights
Henderson Investment Limited Issues Profit Warning with Increased Losses Expected

Confident Investing Starts Here:

Henderson Investment Limited ( (HK:0097) ) has shared an update.

Henderson Investment Limited has issued a profit warning, expecting a significant increase in losses for the year ending December 2024, with an anticipated loss of HK$125 million compared to HK$72 million in 2023. This projected increase is largely due to the cumulative effects of renewing shop lease agreements and the adverse impact of rising outbound travel and cross-border shopping on the Group’s financial performance.

More about Henderson Investment Limited

Henderson Investment Limited operates in the investment industry, focusing on managing a portfolio of assets and investments across various sectors. The company engages in leasing agreements and is influenced by market trends such as outbound travel and cross-border shopping.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €39.87M

For a thorough assessment of 0097 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1