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Quam Plus International Financial Forecasts Profit Drop in H1
Quam Plus Fin (00952.HK) warns of earnings: expected pre-tax profits not exceeding approximately 12 million Hong Kong dollars for the midterm.
On July 19th, GeLongHui reported that Quam Financial Services (00952.HK) expected unaudited comprehensive pre-tax profit to be approximately 0.115 billion Hong Kong dollars compared to the same period last year. For the six months ending on June 30, 2024, unaudited comprehensive pre-tax profit is expected to be no more than about 12 million Hong Kong dollars. The board of directors believes that the decline in unaudited comprehensive pre-tax profit during the period is mainly due to the one-time settlement of part of the outstanding loan balance owed by a former related party, which was already recognized as profit in the previous corresponding accounting period.
Express News | Quam Plus International Financial - Expected Result Due to One-off Partial Settlement of Loan Balances Which Profit Was Recognised During Pcp
Express News | Quam Plus International Financial Sees Hy Unaudited CONSOL Profit Before Tax Will Be Not More Than HKD12 Mln
QUAM PLUS FIN: PROFIT WARNING
QUAM PLUS FIN: ANNUAL REPORT 2023
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