Get Nice Holdings Expects Up to 60% Lower Profit for Six Months to September

MT NewswiresNov 21 07:00 ET

Get nice (00064.HK) expects mid-term profits to decrease by approximately 50% to 60%.

Get Nice Holdings (00064.HK) announced on November 21 that the group expects the profit for the six months ending September 30, 2024 to decrease by approximately 100,000,000 Hong Kong dollars, a decrease of about 50% to 60% compared to the same period last year. The decrease is mainly due to (i) a decrease in the fair value of the group's investment properties based on the latest property valuation results; and (ii) an increase in the provision for impairment losses on receivables net amount.

Gelonghui FinanceNov 21 06:06 ET

Express News | Get Nice - Expected Result Due to Decrease in Fair Value of Investment Properties, Others

ReutersNov 21 06:04 ET

Express News | Get Nice Holdings Sees Decrease in Profit in Range of 50% to 60% for Six Months

ReutersNov 21 06:04 ET

GET NICE: PROFIT WARNING

HKEXNov 21 06:03 ET · Announcements

Some Confidence Is Lacking In Get Nice Financial Group Limited's (HKG:1469) P/E

Simply Wall StNov 8 18:38 ET