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Hope Life International Issues Profit Warning for FY2024

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An announcement from Hope Life International Holdings Ltd. ( (HK:1683) ) is now available.

Hope Life International Holdings Limited has issued a profit warning, indicating a significant increase in net loss for the fiscal year ending December 31, 2024. The expected net loss of not less than HKD24.4 million is attributed primarily to increased finance costs and impairment losses. The company’s financial results are still being finalized and are subject to further adjustments, with the final announcement expected by March 31, 2025. Stakeholders are advised to exercise caution in evaluating the company’s financial condition and in dealing with its shares.

More about Hope Life International Holdings Ltd.

YTD Price Performance: -0.67%

Average Trading Volume: 1,803,966

Technical Sentiment Signal: Hold

Current Market Cap: HK$231.7M

See more insights into 1683 stock on TipRanks’ Stock Analysis page.

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