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An update from Man Shun Group (Holdings) Ltd. ( (HK:1746) ) is now available.
Man Shun Group (Holdings) Limited has issued a profit warning, indicating an expected consolidated net loss of approximately HK$7 million for the year ended December 31, 2024. The loss is attributed to increased costs of raw materials and labor, delays in project commencements, and a weak Hong Kong property market. Additionally, the company is involved in a potential transaction that may lead to a change in control, though there is no assurance that this will materialize.
More about Man Shun Group (Holdings) Ltd.
YTD Price Performance: 142.50%
Average Trading Volume: 4,307,335
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$485M
For detailed information about 1746 stock, go to TipRanks’ Stock Analysis page.