EC Healthcare (02138) fell more than 5%, as of press time, it fell 5.22% to HKD 1.27 with a turnover of 1.37 million Hong Kong dollars.
According to the financial news app, iFinD, EC Healthcare (02138) fell more than 5%, as of press time, it fell 5.22% to HKD 1.27 with a turnover of 1.37 million Hong Kong dollars.
Regarding the news, EC Healthcare announced that it is expected to reduce its pre-tax profits, excluding interest, taxes, depreciation and amortization, and the depreciation of its own properties, plant and equipment, by no more than 10% for the year ending March 31, 2024; During the reporting period, the post-tax net profit should not exceed HKD 25 million, a decrease of approximately 77% compared to roughly HKD 107 million in the same period of the previous year.
In addition, according to the big data from LiveReport, as of June 4, 2024, the market cap threshold for Hong Kong listed companies to enter the Hong Kong stock connect is about HKD 5.796 billion, and the market cap warning line without Hong Kong stock connect is HKD 4 billion. According to the data, as of April 30, EC Healthcare's average market cap in the previous ten months was less than HKD 4 billion, and the current market cap is only HKD 1.517 billion.