Summary by Futu AI
Fujing China Holdings Limited issued a profit warning, forecasting a significant decrease in unaudited net profit for the six months ended June 30, 2024. Based on preliminary assessment, the group expects to record a net profit of approximately RMB 13.0 million to 17.0 million, compared to approximately RMB 25.0 million in the same period in 2023. The board of directors noted that the decrease in net profit is mainly due to additional listing expenses incurred by the company on the main board of the Hong Kong Stock Exchange on March 28, 2024, as well as an increase in administrative and other expenses. The company emphasized that the financial data released has not yet been audited or reviewed by independent auditors, and may be subject to further adjustments. The detailed interim performance for 2024 will be announced by the end of August 2024.