tiprankstipranks
Company Announcements

YNBY International Limited Issues Profit Warning for FY2024

Story Highlights
YNBY International Limited Issues Profit Warning for FY2024

Discover the Best Stocks and Maximize Your Portfolio:

Ban Loong Holdings Limited ( (HK:0030) ) just unveiled an update.

YNBY International Limited, listed on the Hong Kong Stock Exchange, has issued a profit warning for the fiscal year ending December 31, 2024. The company expects a significant decrease in net profit attributable to shareholders, ranging between HK$15 million and HK$20 million, compared to approximately HK$143.7 million for the previous year. The decline is primarily due to the absence of a substantial gain from the disposal of a subsidiary that was recognized in the prior year. The final financial results are yet to be finalized and may be subject to adjustments.

More about Ban Loong Holdings Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €131.7M

Find detailed analytics on 0030 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1