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Kader Holdings Co. Ltd. ( (HK:0180) ) just unveiled an announcement.
Kader Holdings Company Limited, incorporated in Bermuda, has issued a profit warning indicating an expected loss between HK$180 million and HK$200 million for the year ending December 31, 2024. This anticipated loss, significantly higher than the previous year’s loss of HK$73 million, is primarily due to decreased revenue, exchange losses from currency depreciation, and a deficit in the revaluation of investment properties. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about Kader Holdings Co. Ltd.
YTD Price Performance: -20.0%
Average Trading Volume: 125,129
Technical Sentiment Signal: Buy
Current Market Cap: HK$235.7M
Learn more about 0180 stock on TipRanks’ Stock Analysis page.
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