Nimble Holdings Company (HK:0186) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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.