YAU LEE HOLD issued a profit warning, expecting annual performance to turn from profit to loss, approximately HKD 100 million to 130 million
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YAU LEE HOLD expects its annual performance for the year ending March 31, 2025, to shift from a net profit of HKD 66 million in the same period last year to a net loss of approximately HKD 100 million to HKD 130 million. The performance change is mainly influenced by factors such as adjustments in contract prices for government public housing construction projects, a downturn in the Hong Kong property market, and a decrease in construction notifications. Some negative impacts are offset by increased profits from relocation compensation agreements
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