Luk Fook Holdings (International) Records 54% Lower Attributable Profit for Six Months to September

MT Newswires31minutes ago

LUK FOOK HOLD: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024

HKEX04:33 ET · Announcements

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.

On November 21, Glorious Group (00590.HK) announced that based on a preliminary review of the group's unaudited consolidated management accounts draft for the six months ending September 30, 2024 ("first half of fiscal year 2025" / "the period"), the group expects its profit during this period to decrease by approximately 50% compared to the same period last year. This is mainly due to a substantial increase in gold hedging losses and a decline in gold product sales. If the impact of gold hedging losses is excluded, the adjusted profit decline during the period is expected to narrow to less than 30%.

Gelonghui FinanceNov 21 05:15 ET

Express News | Luk Fook Holdings International - Expected Result Due to Significant Increase in Gold Hedging Losses, Others

ReutersNov 21 05:14 ET

Express News | Luk Fook Holdings International Sees Decrease of 50% in Profit for 1H FY2025

ReutersNov 21 05:14 ET

LUK FOOK HOLD: PROFIT WARNING

HKEXNov 21 05:13 ET · Announcements