K2 F&B Holdings Limited (HK:2108) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
K2 F&B Holdings Limited has issued a profit warning, expecting to post a consolidated loss of approximately S$0.2 million for the first half of 2024, a reduction from the loss of S$0.6 million in the same period of 2023. The anticipated loss is primarily due to increased bank loan interest rates and operational costs. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
For further insights into HK:2108 stock, check out TipRanks’ Stock Analysis page.