Summary by Moomoo AI
Town Health International Medical Group Limited warns that it is expected to record unaudited comprehensive losses attributable to shareholders of approximately HKD 42.9 million to 52.4 million and unaudited comprehensive losses of approximately HKD 25.7 million to 31.4 million for the six months ending on June 30, 2024. In contrast, it recorded unaudited comprehensive profits attributable to shareholders of approximately HKD 21.1 million and unaudited comprehensive profits of approximately HKD 38.7 million for the same period in 2023. The losses were mainly due to increased fair value losses of investment properties, impairment losses of joint venture equity, fair value losses of financial assets, and losses attributable to joint ventures. Excluding these losses, the Group's business operation is expected to record unaudited operating profits attributable to shareholders of approximately HKD 19.7 million to 24.1 million. Town Health International Medical Group is evaluating and valuing relevant assets and will disclose the final results in its interim performance announcement. Shareholders and potential investors of the company should exercise caution.
