tiprankstipranks
Japan Kyosei Group Forecasts Narrower H1 Losses
Company Announcements

Japan Kyosei Group Forecasts Narrower H1 Losses

Fullsun International Holdings Group Co Ltd (HK:0627) has released an update.

Don't Miss our Black Friday Offers:

Japan Kyosei Group Company Limited has issued a profit warning, anticipating a net loss of RMB 290 to 320 million for the first half of 2024, an improvement from the RMB 343 million loss in the previous year. The projected loss is mainly due to expected gross losses, impairment losses on properties and receivables, and finance costs. Investors are cautioned to await the official interim results announcement due in late August 2024 for finalized figures.

For further insights into HK:0627 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App