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HUNG HING PRINT (00450.HK) issued a profit warning: it is expected that the annual loss attributable to the company's equity holders will be approximately 43 million Hong Kong dollars.
On February 19, Gelonghui reported that HUNG HING PRINT (00450.HK) announced that, based on a preliminary review of the group's unaudited consolidated management accounts for the year ending December 31, 2024, and information recently obtained from the Board of Directors, it is expected that the group will record a loss attributable to company shareholders of approximately 43 million Hong Kong dollars, compared to a profit of 0.135 billion Hong Kong dollars recorded by the group in 2023. The main reason is that the group did not benefit from a one-time income of 0.134 billion Hong Kong dollars recorded from the compensation for the expropriation of old factory buildings in Wuxi, China, as it did in 2023, and due to a decline in turnover.
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hung hing print (00450) announced that Mr. Yan Jiaheng has been appointed by the board of directors as non-executive director to replace Mr. Ren Hanming...
HUNG HING PRINT: INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
