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The latest update is out from Suncity Group Holdings ( (HK:1383) ).
LET Group Holdings Limited, listed on the Hong Kong Stock Exchange, has issued a profit warning, indicating an expected unaudited loss of approximately HK$42.8 million for the first half of 2025. This is an improvement from the HK$75.3 million loss in the same period of 2024. The loss is attributed to increased interest income, lack of reversal of joint venture losses, higher finance costs, and significant net exchange gains. Trading in the company’s shares remains suspended since January 2024, pending compliance with resumption guidance and resolution of issues leading to the suspension.
More about Suncity Group Holdings
Current Market Cap: HK$298.3M
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