Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Legend Upstar Holdings Limited ( (HK:0459) ) has shared an update.
Legend Upstar Holdings Limited has issued a profit warning, indicating a significant increase in net loss for the fiscal year 2024 compared to the previous year. The company attributes this increase primarily to a substantial fair value loss on its investment properties, driven by a fragile non-residential property market. Despite this, the company expects to maintain operational profitability, although slightly lower than the previous year. The financial results are based on preliminary unaudited accounts and may be subject to adjustments.
More about Legend Upstar Holdings Limited
YTD Price Performance: -6.25%
Average Trading Volume: 274,819
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$139M
For detailed information about 0459 stock, go to TipRanks’ Stock Analysis page.