Nimble Holdings Company (HK:0186) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nimble Holdings Company Limited has issued a profit warning, forecasting a significant drop in profits for the six months ending September 2024. The company’s anticipated profits are between HK$15 million to HK$30 million, a stark decrease from HK$110 million in the same period last year. This decline is attributed to reduced gross profit margins, the absence of litigation settlement gains, and impairment losses on properties.
For further insights into HK:0186 stock, check out TipRanks’ Stock Analysis page.