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China Strategic Holdings Limited ( (HK:0235) ) has shared an announcement.
China Strategic Holdings Limited has issued a profit warning, indicating a significant decrease in its expected profit for FY2024 compared to FY2023. The anticipated profit is not less than HK$3 million, a sharp decline from the HK$27 million recorded the previous year. This downturn is attributed to several factors, including a provision for impairment loss on loan receivables, a decrease in provision for impairment loss on other receivables, and the recognition of an income tax expense. The company advises shareholders and potential investors to exercise caution when dealing with its shares.
More about China Strategic Holdings Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €57.42M
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