Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Glory Sun Financial Group Limited ( (HK:1282) ) has issued an announcement.
Renze Harvest International Limited, along with its subsidiaries, has issued a profit warning for the fiscal year ending December 31, 2024. The company anticipates a significant financial downturn, projecting a loss of at least HK$319,590,000, a stark contrast to the profit of approximately HK$55,281,000 reported in the previous year. This expected loss is primarily attributed to a fair value loss on investment properties and a write-down of property inventories. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about Glory Sun Financial Group Limited
Technical Sentiment Signal: Buy
Current Market Cap: €30.34M
See more data about 1282 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue