According to Zhitong Finance App News, Hefu Huihuang (00733) announced that the Group expects to obtain losses attributable to shareholders of HK$500 million to HK$550 million for the year ended December 31, 2023. The main reason is that the credit quality of some customers engaged in real estate related business and real estate development deteriorated in 2023. The group made additional loss provisions for expected credit losses on its uncollected loans receivable, and operating losses due to the overall downturn in the real estate market and intense competition in the property agency industry during the year.
合富辉煌(00733)发盈警，预计年度股东应占亏损5亿至5.5亿港元
Hefu Huihuang (00733) issued a profit warning. It is estimated that shareholders should account for an annual loss of HK$500 million to HK$550 million
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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