
HK CHINESE LTD issued a profit warning, expecting an annual comprehensive loss attributable to shareholders of approximately HKD 1.2 billion

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HK CHINESE LTD issued a profit warning, expecting a consolidated loss attributable to shareholders of approximately HKD 1.2 billion for the year ending December 31, 2024, compared to a consolidated profit of approximately HKD 157 million in the previous year. The loss is primarily due to losses from joint ventures, particularly a loss on an equity method investment and fair value losses on investment properties. Relevant details will be announced on February 14, 2025
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