SRE Group Reports Reduced Preliminary Losses

SRE Group Limited (HK:1207) has released an update.

SRE Group Limited has issued a profit warning indicating a notable reduction in losses for the first half of 2024 compared to the same period in 2023, with a preliminary loss of about RMB200 million versus RMB409 million previously. This improvement is attributed to the absence of significant impairment provisions that affected the previous year’s results. Investors are cautioned as these unaudited figures may be subject to change, with final results expected by the end of September 2024.

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