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FUTIAN HOLDINGS: Interim Report 2024
FUTIAN HOLDINGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Futian Holdings Limited (HKG:8196) Shares May Have Slumped 49% But Getting In Cheap Is Still Unlikely
Futian Co., Ltd. (08196.HK) issues profit warning: it is expected to have a net loss of no less than 0.8 million yuan in the medium term.
On August 16, Gelunhui reported that Futian Group (08196.HK) expects revenue to decrease from approximately RMB 65.3 million for the six months ended June 30, 2023 to approximately RMB 17.8 million for the six months ended June 30, 2024, resulting in a net loss of not less than approximately RMB 0.8 million for the six months ended June 30, 2024, compared to net income of approximately RMB 8.5 million for the six months ended June 30, 2023. The board of directors believes that the decrease in revenue and loss is mainly due to (i) the progress of relevant engineering, procurement, and construction projects by customers during this period.
Express News | China TianYF Holdings Sees Decrease in Hy Revenue to RMB17.8 Mln
FUTIAN HOLDINGS: PROFITS WARNING
Positive Sentiment Still Eludes China TianYF Holdings Group Limited (HKG:8196) Following 44% Share Price SlumpNo Data
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