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An update from Landrich Holding Limited ( (HK:2132) ) is now available.
Landrich Holding Limited has issued a profit warning, indicating a significant decrease in net profit for the year ending March 31, 2025, compared to the previous year. The decline is attributed to a deterioration in gross profit margin, primarily due to increased direct staff costs in subcontracting projects and lower profit margins in main contracting projects. The company advises caution for shareholders and potential investors as it finalizes its annual results.
More about Landrich Holding Limited
Landrich Holding Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It is listed on the Hong Kong Stock Exchange and engages in subcontracting and main contracting projects.
Average Trading Volume: 1,549,647
Technical Sentiment Signal: Sell
Current Market Cap: HK$168M
Learn more about 2132 stock on TipRanks’ Stock Analysis page.