Pak Fah Yeow International Limited (HK:0239) has released an update.
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Pak Fah Yeow International Limited has issued a profit warning indicating an expected decrease of approximately HK$47.0 million in consolidated net profit for the first half of 2024, compared to the same period in 2023. The dip is mainly due to an unrealised fair value loss on investment properties. Despite this, the company maintains that its overall financial position is healthy and advises shareholders and potential investors to exercise caution when dealing in its shares.
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