Home Control International Limited (HK:1747) has released an update.
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Home Control International Limited is anticipating an accounting provision of about HK$25.24 million due to uncertainties surrounding a principal protected investment product. This non-cash provision will not affect the company’s current cash flow or operations, but the redemption of the investment remains uncertain. Investors are advised to be cautious while dealing with the company’s securities.
For further insights into HK:1747 stock, check out TipRanks’ Stock Analysis page.
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