Fengcheng Holdings (02295) announced that the group's expected net profit for the first half of 2024 is expected to decrease by about 1.3 million-...
Zhixun Finance APP news, Fengcheng Holdings (02295) announced that the group's expected net profit for the first half of 2024 is expected to decrease by about 1.3 million-2 million Hong Kong dollars, with a net profit of about 6.4 million Hong Kong dollars in the same period in 2023. The main reason for the decrease in net profit is that, although income decreased compared to the same period last year, service costs slightly increased; this is due to the fact that most projects were completed roughly at the beginning of the year, and the pre-project costs of new construction projects increased.