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SHUANGHUA H: 2024INTERIM REPORT
SHUANGHUA H: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Shuanghua H (01241.HK) has seen a decrease in gross profit in the "earnings warning" and is expected to turn from a medium-term profit to a loss.
Shuanghua H (01241.HK) issued a profit warning, expecting a net loss after tax of approximately 3.2 million yuan for the six months ending in June, compared to a net profit of 0.2 million yuan in the same period last year; Revenue is expected to increase to 60.6 million yuan. The expected loss is mainly due to the overall economic pressure in the mainland, resulting in a decrease in the group's business gross profit.
Shuanghua H (01241.HK) issued a profit warning: expected to incur a net loss of 3.2 million yuan after tax for the first half of the year.
On August 20th, Gelunhui announced that according to the current information available to the company and the preliminary evaluation of the unaudited comprehensive management accounts of the group as of June 30, 2024: (i) it is expected that the group's estimated revenue for the six months ending June 30, 2024 will be approximately RMB 60.6 million, while the revenue for the six months ending June 30, 2023 is approximately RMB 28.7 million; and (ii) it is expected that the group's estimated net loss after tax for the six months ending June 30, 2024 will be approximately RMB 3.2 million, while it was a net loss of approximately RMB 1.2 million for the six months ending June 30, 2023.
Shuanghua Holdings (01241) issued a profit warning, expecting a mid-term net loss after-tax of approximately 3.2 million yuan, compared to a profit in the same period last year.
Shuanghua H (01241) announced that it expects the Group's six-month period ending on June 30, 2024...
SHUANGHUA H: Profit Warning
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