XINDA INV HLDGS issued a profit warning, expecting an annual loss attributable to shareholders of approximately 23 million to 28 million yuan
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XINDA INV HLDGS issued a profit warning, expecting a loss attributable to shareholders of approximately HKD 23 million to HKD 28 million for the fiscal year 2024, an increase from the loss of HKD 18.179 million in 2023. The main reason is the poor recovery prospects for renewable energy subsidies for its 6.6 megawatt distributed photovoltaic power station, leading management to make an impairment provision of approximately HKD 53.96 million for related accounts receivable and power station assets
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