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Longhui International Holdings Ltd. ( (HK:1007) ) has shared an update.
Longhui International Holdings Limited has issued a profit warning, indicating an expected increase in net loss for the year ending December 31, 2024, ranging from RMB17 million to RMB23 million, compared to a net loss of approximately RMB15 million in the previous year. This increase is primarily due to a decrease in gain on lease modification by RMB5 million. The announcement is based on preliminary unaudited financial data, and the final audited results are anticipated to be released by March 31, 2025. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about Longhui International Holdings Ltd.
YTD Price Performance: -28.28%
Average Trading Volume: 3,173,961
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$13.46M
See more insights into 1007 stock on TipRanks’ Stock Analysis page.