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Kato (Hong Kong) Holdings Ltd. ( (HK:2189) ) just unveiled an announcement.
Kato (Hong Kong) Holdings Limited has issued a profit warning, indicating a significant decrease in profit for the year ending March 31, 2025. The expected profit is not less than HK$18.0 million, a sharp decline from the previous year’s HK$64.2 million, primarily due to a fair value loss on investment properties. This announcement suggests potential challenges for the company and advises shareholders and potential investors to exercise caution.
More about Kato (Hong Kong) Holdings Ltd.
Kato (Hong Kong) Holdings Limited, incorporated in the Cayman Islands, operates within the financial sector, focusing on investment properties and related services.
Average Trading Volume: 127,756
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$460M
For an in-depth examination of 2189 stock, go to TipRanks’ Overview page.