HLH (00587) fell nearly 4%, as of press time, down 3.9%, at 0.74 Hong Kong dollars, with a turnover of 0.2236 million Hong Kong dollars.
According to the Zhitong Finance APP, HLH (00587) has fallen nearly 4%, as of press time, down 3.9%, at 0.74 Hong Kong dollars, with a turnover of 0.2236 million Hong Kong dollars.
On the news side, HLH issued a profit warning, expecting the net income attributable to shareholders of the company for the six months ended June 30, 2024 to decrease by about 40% to 60% from the same period last year. This is mainly due to intense competition in the hazardous waste disposal market during the period, resulting in a significant decline in hazardous waste disposal service fees; and a delay in the landing time of some intended orders for polluted soil disposal, resulting in a decrease in the amount of industrial solid waste entering the factory compared to the same period last year.
