The latest announcement is out from SCE Intelligent Commercial Management Holdings Limited ( (HK:0606) ).
SCE Intelligent Commercial Management Holdings Limited has issued a profit warning for the year ended December 31, 2024. The company anticipates a significant decrease in profit, projecting earnings between RMB50 million to RMB70 million, down from RMB257 million in the previous year. This decline is attributed to reduced revenue from high-margin value-added services and impairment of trade receivables due to an unfavorable macroeconomic environment. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about SCE Intelligent Commercial Management Holdings Limited
SCE Intelligent Commercial Management Holdings Limited is a company incorporated in the Cayman Islands, focusing on commercial management services. The company operates within the commercial sector, providing value-added services that contribute to its revenue streams.
YTD Price Performance: 14.58%
Average Trading Volume: 260,347
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$512.8M
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