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K W NELSON GP (08411.HK) issued a profit warning, expecting a net loss of not less than 1.9 million Hong Kong dollars in the first half of the year.
K W NELSON GP (08411.HK) announced on August 7, according to the preliminary review of the unaudited comprehensive management accounts of the Group for the six months ended June 30, 2024, compared with the net loss of HKD 1.5 million for the six months ended June 30, 2023, the Group is expected to record a net loss of not less than HKD 1.9 million for the period. The board of directors believes that the above-mentioned losses during this period are mainly due to cautious attitudes among consumers during this period, which has led to a decrease in revenue and gross profit of design and decoration projects during this period.
Express News | K W Nelson Interior Design and Contracting - Expected Result Due to Decrease in Revenue & Gross Profit From Design and Decoration Projects During Hy
Express News | K W Nelson Interior Design and Contracting Sees Hy Net Loss of Not Less Than HK$1.9 Mln
We Think K W Nelson Interior Design and Contracting Group Limited's (HKG:8411) CEO Compensation Package Needs To Be Put Under A Microscope
K W NELSON GP: ANNUAL REPORT 2023
K W NELSON GP (08411.HK) 2023 earnings decreased 32.1% year over year to HK$28.9 million
Glonghui March 20 | K W NELSON GP (08411.HK) announced that for the year ended December 31, 2023, the Group's revenue decreased by 32.1% year-on-year to approximately HK$28.9 million. The decrease was mainly driven by a decrease in revenue from residential care homes and medical centre projects for the elderly, which was partially offset by increased revenue from office property projects. The Group recorded losses attributable to company owners of approximately HK$5.7 million during the year (last year: HK$3.4 million). The Board does not recommend payment of a final dividend for the current year (last year: none).
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