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LFG INV HLDGS: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
LFG inv hldgs (03938.HK) profit warning: expects a mid-term net loss of no less than 16 million HKD.
Glory Times reported on November 15th that LFG Investment Holdings (03938.HK) announced that the group expects a net loss attributable to equity holders of not less than 16 million Hong Kong dollars for the six months ended September 30, 2024. The announcement stated that this net loss is mainly due to (i) negative income of no less than 7 million Hong Kong dollars from investment funds for the six months ended September 30, 2024, offset by no less than 3 million Hong Kong dollars from the comprehensive investment fund performance attributable to other redeemable participating shareholders; (ii) revenue from corporate financing services, securities and underwriting services, and margin financing services exceeding that of the year ended 2023.
Express News | LFG Investment - Expected Result Due to Decrease in Revenue From Corporate Finance Services, Securities & Underwriting Services, Others
Express News | LFG Investment Sees Net Loss Attributable Not Less Than HK$16.0 Mln for Six Months
LFG INV HLDGS: PROFIT WARNING
lfg inv hldgs (03938.HK) plans to hold a board of directors meeting on November 22 to approve the mid-term performance.
Gelonghui Nov. 12th | lfg inv hldgs (03938.HK) announced that the board of directors meeting will be held on November 22, 2024 (Friday) to approve the unaudited interim performance of the company and its subsidiaries for the six months ended September 30, 2024 for release, and to consider the distribution of interim dividends (if any).
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