tiprankstipranks
Company Announcements

Pak Fah Yeow Corrects Profit Warning Figures

Pak Fah Yeow Corrects Profit Warning Figures

Pak Fah Yeow International Limited (HK:0239) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

Pak Fah Yeow International Limited has issued a clarification regarding its previous profit warning, correcting a typographical error in the English version of its prior announcement. The Hong Kong-based company, listed under stock code 239, now reports an expected consolidated net profit decrease to around HK$47.0 million for the first half of 2024, in contrast to the HK$56.0 million profit for the same period in 2023. Shareholders and potential investors are advised to exercise caution when trading company shares in light of this update.

For further insights into HK:0239 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1