BLUE RIVER HLDG issues a profit warning, expecting the annual loss attributable to shareholders to narrow to approximately HKD 175 million year-on-year
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BLUE RIVER HLDG issued a profit warning, expecting an annual loss attributable to shareholders of approximately HKD 175 million for the year ending March 31, 2025, a decrease from HKD 265 million in 2024. The main reasons for the reduction in losses include: a decrease in net losses from joint ventures, reduced administrative expenses, reversal of impairment losses on receivables from former subsidiaries in liquidation, no gains from the sale of subsidiaries, and no gains from forfeited deposits and earnest money
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