"Profit Warning" STARPLUS LEGEND Securities Investment Fair Value Loss Forecasts 67% Less Profit in the First Half
STARPLUS LEGEND (06683.HK) issued a profit warning, expecting a profit of no more than RMB 8.5 million for the six months ending in June, compared to RMB 25.5 million in the same period last year, a decline of approximately 67%. The decrease in profit is mainly due to a fair value loss of approximately RMB 19.5 million from equity securities investments listed in Hong Kong. Excluding related non-operating impacts, the expected profit is no more than RMB 28 million, an increase of 9.8%
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