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HENGDELI (03389.HK) plans to hold a Board of Directors meeting on March 20 to approve the annual performance.
Gelonghui reported on March 7 that HENGDELI (03389.HK) announced that the Board of Directors will hold a meeting on March 20, 2025 (Thursday) at 11:00 AM to approve (including) the annual performance of the company and its subsidiaries for the year ending December 31, 2024 and its release, consider the proposal for the payment of a final dividend (if any), and address any other matters.
HENGDELI: DATE OF BOARD MEETING
HENGDELI (03389.HK) profit warning: it is expected that the Shareholder's attributable loss for the fiscal year 2024 will not be less than 65 million yuan.
On March 7, Gelonghui reported that HENGDELI (03389.HK) announced that for the fiscal year ending December 31, 2024, the company expects to record a Shareholder's attributable loss of not less than 65 million yuan for the reporting year, compared to a Shareholder's attributable profit of approximately 33.885 million yuan for the corresponding period in 2023. The primary reasons for the shift from profit to loss in the reporting year are: (1) decline in sales and gross profit; (2) increase in depreciation expenses for property, plant, and equipment; and (3) foreign exchange losses incurred by operating units due to fluctuations in Exchange Rates.
Express News | Hengdeli - Expects Loss of Not Less Than RMB65 Million for FY 2024
HENGDELI: PROFIT WARNING
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