Summary by Moomoo AI
Fire Rock Holdings Limited ("Fire Rock Holdings") issued a profit warning on July 5, 2024, predicting that unaudited revenue, other income, and gains for the six months ended June 30, 2024 would decrease by more than 90% compared to the same period last year. The company pointed out that the decline in revenue was mainly due to poor market conditions and the economic situation in the industry, as well as a significant reduction in other income. Fire Rock Holdings reminded that the surplus for the six months ended June 30, 2023, had risen sharply due to the one-time non-recurring acceptance bill income, but this income was a one-time event, which caused a significant decline in revenue for the same period this year. The company...Show More