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Yincheng Life Service Co., Ltd. ( (HK:1922) ) has issued an announcement.
Ruisen Life Service Co., Limited has issued a profit warning, indicating that it anticipates a loss of no more than RMB20 million for the six months ending June 30, 2024, a significant improvement from the previously expected loss of at least RMB90 million. This adjustment follows the identification and correction of misstatements in past financial statements, which also led to a restatement of profits for the year ending December 31, 2023. The company is still finalizing its unaudited results, and trading of its shares remains suspended on the Hong Kong Stock Exchange.
More about Yincheng Life Service Co., Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: HK$363.3M
Learn more about 1922 stock on TipRanks’ Stock Analysis page.