Henderson Investment Projects Increased Losses

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

Henderson Investment Limited has issued a profit warning, forecasting a significant loss of HK$69 million for the first half of 2024, which is a substantial increase from the HK$18 million loss in the same period the previous year. The company attributes this downturn primarily to decreased retail sales, affected by a rise in outbound travel and cross-border consumption. Shareholders and potential investors are cautioned to be prudent when dealing with the company’s securities.

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