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Pak Fah Yeow International Limited ( (HK:0239) ) just unveiled an update.
Pak Fah Yeow International Limited has issued a profit warning, anticipating a decrease in consolidated net profit to approximately HK$78.0 million for the year ending December 31, 2024, down from HK$105.0 million in 2023. This decline is attributed to a reduction in total revenue and an unrealized fair value loss on investment properties, though partially offset by reduced tax expenses. Despite these challenges, the company’s overall financial position remains healthy, with no impact on operating cash flow.
More about Pak Fah Yeow International Limited
Pak Fah Yeow International Limited is a company incorporated in Bermuda, primarily engaged in the production and sale of medicated oils and related products. The company operates within the healthcare and wellness industry, focusing on providing therapeutic solutions to consumers.
YTD Price Performance: -0.81%
Average Trading Volume: 51,068
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$766.6M
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