Luk Fook Hold (00590.HK) issues a profit warning: it is expected that the mid-term profit will decrease by approximately fifty percent year-on-year.

Gelonghui Finance · Nov 21 05:15

Gelonghui, November 21丨Lukfook Group (00590.HK) announced that according to the preliminary review of the Group's draft unaudited comprehensive management accounts for the six months ended September 30, 2024 (“First Half Fiscal Year 2025”/“Period”), the Group expects its profit for the period to fall by about 50% compared to the same period last year, mainly due to a sharp increase in gold hedging losses and a decline in sales of gold products. If the impact of gold hedging losses is excluded, the profit decline in the adjusted period narrows to at least 30%.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

六福集团(00590.HK)盈警：预期中期溢利同比下降约五成

Luk Fook Hold (00590.HK) issues a profit warning: it is expected that the mid-term profit will decrease by approximately fifty percent year-on-year.

Risk Disclaimer

Statement