No Data
Silver Tide to Widen Loss in Fiscal H1
King's Stone Holdings Warns of Significant Financial Loss
Jinshi Holdings Group (01943.HK): Expected interim net loss of approximately 62 million to -64 million Hong Kong dollars.
On November 18, Glorious Holdings Group (01943.HK) announced that the group expects to record an unaudited net loss of approximately HKD 62 million to HKD 64 million for the six months ending September 30, 2024, compared to a net loss of approximately HKD 2.4 million for the six months ending September 30, 2023. The board of directors believes that this expected net loss can primarily be attributed to the following factors: (a) a decrease in the number of successful bids and a decline in the value of contracts awarded due to intense market competition, leading to reduced revenue; and (b) an increase in administrative expenses and compensation provided to employees.
Express News | King's Stone - Expected Result Due to Decrease in Revenue Due to Intense Market Competition, Others
Express News | King's Stone Sees Unaudited Net Loss HK$62 Mln to HK$64 Mln for Six Months
KING'S STONE: PROFIT WARNING
No Data
No Data
151356091 : Please provide more information
151143291 : How did they achieve more than 100 million volume last Friday ? Did some brokers lent them the shares ?
151435538 OP : They did the same trick on China Energy Storage 01143. Ask their followers to place order at 2.01, right after that the share price drop by 80+%to 0.4 cent. You can check out the chart. The only explanation they can do this is shorting and then buy back . I believe This is organized institution doing it.
151435538 OP 151143291 : This couldn’t be done by individual. Surely institutions involved. Losing 70-80% stock value within 30 mins.
151143291 : Will the directors discuss the significant drop in share price last Friday?
They MUST!
Gelonghui Finance
·
Nov 7 19:38
1min
KING'S STONE (01943.HK)
0.120
-9.09%
King's Stone Holdings Group (01943.HK) will hold a board meeting on November 26 to approve the interim performance.
On November 7, King's Stone Holdings Group (01943.HK) announced that the company will hold a board meeting on November 26, 2024, to consider and approve the unaudited interim performance of the company and its subsidiaries for the six months ending September 30, 2024 and to propose the payment of the interim dividend (if any).
View more comments...