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Metro Holdings Ltd ( (SG:M01) ) has provided an announcement.
Top Spring International Holdings Limited, a company incorporated in the Cayman Islands, has issued a profit warning for the fiscal year ending December 31, 2024. The company anticipates a significant increase in net loss to approximately HK$2 billion, compared to a net loss of HK$900 million in the previous year. This expected increase is primarily attributed to impairments of investments in associates and substantial fair value losses on investment properties.
More about Metro Holdings Ltd
YTD Price Performance: -10.87%
Average Trading Volume: 83,437
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: S$339.5M
See more insights into M01 stock on TipRanks’ Stock Analysis page.