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China Investment Development Projects Loss Amid Market Volatility

China Investment Development Projects Loss Amid Market Volatility

China Investment Development Limited (HK:0204) has released an update.

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China Investment Development Limited has issued a profit warning, anticipating a loss of approximately HK$10.60 million for the six months ending September 2024, contrasting with a profit of HK$20.36 million in the same period last year. This downturn is primarily attributed to a fair value loss of financial assets. Investors are advised to exercise caution as actual results may vary upon finalization of the financial statements.

For further insights into HK:0204 stock, check out TipRanks’ Stock Analysis page.

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