Eminence Enterprises (00616) issued a profit warning, expecting a comprehensive net loss of no less than HKD 200 million for the year, a profit-to-loss conversion compared to the same period last year.

Zhitong Finance · Jun 13 18:03

Eminence Ent (00616) announced that its comprehensive net profit for the year ending on March 31, 2023 is approximately HKD 63 million...

Zhongtong Finance APP news, Eminence Ent (00616) announced that compared with the comprehensive net profit of approximately HK$63.6 million for the year ended March 31, 2023, the Group is expected to achieve a comprehensive net loss of no less than HK$200 million for the current year.

The expected comprehensive net loss compared to the net profit of the same period last year is mainly due to (including) an increase in fair value loss from investment properties, an increase in provisions for development properties held for sale, and an increase in financing costs.

The translation is provided by third-party software.

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.

高山企业(00616)发盈警 预期年度综合净亏损不少于2亿港元 同比盈转亏

Eminence Enterprises (00616) issued a profit warning, expecting a comprehensive net loss of no less than HKD 200 million for the year, a profit-to-loss conversion compared to the same period last year.

Risk Disclaimer

Statement

高山企业(00616)发盈警预期年度综合净亏损不少于2亿港元同比盈转亏