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Henderson Investment Limited Issues Profit Warning with Increased Losses Expected

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Henderson Investment Limited Issues Profit Warning with Increased Losses Expected

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.

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