CEC int'l hold (00759.HK) issued a profit warning, expecting a loss of not more than 30 million yuan for the six months ending in October, compared to a profit of 0.3 million yuan in the same period last year. This is mainly due to the group's retail trade business continuing to be affected by adverse factors, including a decrease in the number of residents consuming in Hong Kong; nighttime foot traffic and spending not recovering to pre-pandemic levels; and high Hong Kong dollar interest rates affecting the capital markets and real estate market in Hong Kong, suppressing local consumers' willingness to spend.
《盈警》CEC國際(00759.HK)估計上半年轉虧不多於3,000萬元
'Earnings Warning' cec int'l hold (00759.HK) estimates a loss of no more than 30 million yuan for the first half of the year.
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