Hang Yick Hldgs (01894.HK) issues profit warning: expected mid-term loss not exceeding 10 million Hong Kong dollars.

Hang Yick Holdings (01894.HK) announced on September 27 that the group expects to incur a loss of no more than 10 million Hong Kong dollars for the six months ending September 30, 2024, while a profit of approximately 6.6 million Hong Kong dollars was recorded for the six months ending September 30, 2023. The board of directors is aware of certain clients and the overall industry's liquidity and financial condition. Considering the recent repayment trends and increased payment delays, the company anticipates additional expected credit losses for aged trade receivables. This adjustment reflects the deterioration of credit risk and the uncertainty in the construction industry. As of September 30, 2024.

Gelonghui FinanceSep 27 09:16 ET

Express News | Hang Yick - Expected Result Due to Significant Increase in Expected Credit Losses, Among Others

ReutersSep 27 09:08 ET

Express News | Hang Yick Sees Loss of Not More Than HK$10 Mln for Six Months

ReutersSep 27 09:07 ET

haitong sec: Pressure has already emerged in the construction industry, looking forward to policy changes.

haitong sec released research reports stating that industry pressure has already emerged, awaiting policy changes.

Zhitong FinanceSep 24 19:14 ET

Hang Yick Holdings [01894] now reports HKD 0.022, up 10.00%

As of 15:04, Hang Yick Hldgs [01894] reported 0.022 Hong Kong dollars, up 0.002 Hong Kong dollars or 10.00% from the previous closing price of 0.02 Hong Kong dollars. The turnover was 0.4361 million Hong Kong dollars, with a highest price of 0.022 Hong Kong dollars and a lowest price of 0.019 Hong Kong dollars today. Based on the previous closing price, the 10-day average price is 0.07 Hong Kong dollars, the 50-day average price is 0.07 Hong Kong dollars, and the current PE ratio is -2.23 times, with a 14-day relative strength index of 51.85.

金吾財訊Sep 9 03:04 ET

Hang Yick Holdings (01894) fell 69.90%, now at 0.019 yuan, hitting a 52-week low.

As of 11:21, hang yick hldgs (01894) fell by 69.90% compared to the previous closing price, now at 0.019 yuan, hitting a 52-week low; volume of 2.37 million shares, with a turnover of 0.0451 million Hong Kong dollars.

金吾財訊Sep 8 23:21 ET