Kin Shing Hldgs (01630.HK) issued a profit warning, and it is expected to have a deficit of no more than 43.8 million yuan for the fiscal year ended in March, compared with a net profit after tax of 11.9 million yuan last year. The main reason for the loss is that there is no wage subsidy from the Hong Kong government's employment protection plan this year; a net loss of about 13.8 million yuan is recorded in unrealized gains from trading securities and dividend income; and an expected impairment loss of about 40.7 million yuan under the credit loss model.
《盈警》建成控股(01630.HK)估計全年轉虧不多於4,380萬元
According to the profit warning, Kin Shing Holdings (01630.HK) estimated a loss of no more than 43.8 million yuan for the whole year.
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