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Fulum Group Swings to Fiscal H1 Loss
FULUM GP HLDG: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Fulum gp hldg (01443.HK) plans to hold a board of directors meeting on November 28 to approve the interim results.
Glory 18th of November fulum gp hldg (01443.HK) announced that the board of directors will hold a meeting on Thursday, November 28, 2024, to consider and approve the mid-term performance of the company and its subsidiaries for the six months ended September 30, 2024, and to consider the distribution of interim dividends (if any).
fulum gp hldg (01443.HK) issued a profit warning: expected mid-term loss of approximately 40 million to 50 million Hong Kong dollars.
According to the preliminary assessment made by fulum gp hldg (01443.HK) based on its unaudited comprehensive management accounts for the six months ended on September 30, 2024 ("the period") and the information currently available to the board of directors, the group is expected to record a loss attributable to owners of the company of approximately 40 million Hong Kong dollars to 50 million Hong Kong dollars during the period, compared to a profit attributable to owners of the company of approximately 1.9 million Hong Kong dollars in the same period last year. The board of directors believes that the aforementioned loss is mainly due to the challenging business environment, which has had adverse effects on consumer willingness and non-essential consumption patterns. In uncertain economic times.
Express News | Fulum Group Sees Decline in Revenue for Hy
Express News | Fulum Group Sees Loss Attributable HK$40 Mln to HK$50 Mln for Six Months
