$LAI GROUP (08455.HK)$ Notice, based on the information currently available to lai group's management, it is expected that the total contract amount of projects awarded to the group in July and August 2024 is estimated to decrease by about 40% compared to July and August 2023. The board of directors believes that this decrease is mainly due to the overall deterioration of the economic environment and intense market competition leading to a reduction in the number of renovation projects awarded. Due to the group's expectation of a poor business environment persisting in the near future, the board of directors will maintain a cautious attitude when expanding business and will make efforts to control its operating costs.
- Headlines
- lai group is expected to receive project contracts in July and August 2024, with a year-on-year decrease of about 40% in total contract amount.
礼建德集团预计2024年7月及8月获授项目合约总额同比可能减少约40%
lai group is expected to receive project contracts in July and August 2024, with a year-on-year decrease of about 40% in total contract amount.
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