HKR International Limited (HK:0480) has released an update.
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HKR International Limited anticipates a loss for FY2024 due to asset impairment provisions and fair value losses on investment properties, despite expecting a 35% increase in underlying profit from the previous year. The financial review is based on unaudited accounts and may change after audit completion, with final details to be published on June 19, 2024. Shareholders are cautioned to exercise care when trading the company’s shares.
For further insights into HK:0480 stock, check out TipRanks’ Stock Analysis page.
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