
KADER Holdings warns of an expected annual loss widening to HKD 180 million to HKD 200 million

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KADER HOLDINGS (0180) issued a profit warning, expecting a full-year loss to widen to HKD 180 million to HKD 200 million, compared to a loss of HKD 73 million in the same period last year. The loss is mainly due to a decrease in revenue, foreign currency depreciation leading to exchange losses, and recording losses from the revaluation of investment properties
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