After the profit warning, Asia Comm Hold (00104) fell more than 20%. As of press time, it fell 20.74%, reporting HKD 0.214 and trading volume of HKD 1,097,900.
According to the Smart Finance app, after the profit warning, Asia Comm Hold (00104) fell more than 20%. As of press time, it fell 20.74%, reporting HKD 0.214 and trading volume of HKD 1,097,900.
In terms of news, Asia Comm Hold announced that the group expects to record a surplus of no less than HKD 21 million for the fiscal year ending March 31, 2024 (this fiscal year), a decrease from the surplus of HKD 44 million for the year ended March 31, 2023 (last year). The announcement states that the reduction in surplus is mainly due to a one-time government subsidy of approximately HKD 11 million in the previous year, as well as an increase in the group's investment property revaluation loss of approximately HKD 5 million for this fiscal year.
