Gelonghui Announcement Highlights (Hong Kong Stocks) | Asymchem Laboratories (06821.HK) is expected to see a decline in net income by 54% to 63% in 2024.

[Today's Focus] Asymchem Laboratories (06821.HK) expects a 54% to 63% decline in Net income for 2024. Asymchem Laboratories (06821.HK) announced that it expects Net income attributable to Shareholders for the period from January 1, 2024, to December 31, 2024, to be between 850 million yuan and 1050 million yuan, a decline of 54% to 63% compared to the same period last year. Net income excluding non-recurring gains and losses is expected to be between 830 million yuan and 1010 million yuan, a decline of 52% to 61% compared to the same period last year. The main reasons for the significant changes in the annual performance forecast during the reporting period.

Gelonghui FinanceJan 27 10:08 ET

SINOFERT is expected to earn over 1 billion yuan in net income in 2024, while CHINA CINDA's annual net income may decline by over 40% | Selection of announcements from Hong Kong stocks on January 27.

① How will SINOFERT's net income exceed 1 billion yuan in 2024? ② What are the main reasons for CHINA CINDA's annual net income possibly declining by more than 40%?

cls.cnJan 27 08:35 ET

CHINA CINDA (01359.HK) expects its annual net profit to decline by approximately 40%-50% year-on-year.

On January 27, Gelonghui reported that CHINA CINDA (01359.HK) announced, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the year ending December 31, 2024, that it is expected that the Net income attributable to the company's Shareholders for the year ending December 31, 2024, will decline by approximately 40% to 50% compared to the same period in 2023. The company believes that the main reasons for the aforementioned changes are: (1) the company is continuously deepening reforms, proactively adjusting its Business structure, while further actively digesting historically formed internal risk Assets, and making corresponding provisions; the company's major credit risk-bearing non-performing claims are measured at amortized cost.

Gelonghui FinanceJan 27 03:34 ET

Express News | China Cinda Asset Management - Expected Result Due to Impacted Investment Income of Certain Equity Assets, Others

ReutersJan 27 03:30 ET

Express News | China Cinda Asset Management Sees FY Net Profit Attributable Decrease by 40% to 50%

ReutersJan 27 03:30 ET

PROFIT WARNING

HKEXJan 27 03:30 ET · Announcements