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THELLOY DEV: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Thelloy Development Group Expects Swing to Loss in Fiscal H1
thelloy dev (01546.HK) profit warning: expected to incur a loss of no more than 14 million Hong Kong dollars in the midterm.
On November 18, Gelonghui reported that thelloy dev (01546.HK) announced that the group expects to record a net loss of no more than 14,000,000 Hong Kong dollars for the six months ending September 30, 2024, compared to a net profit of approximately 240,000 Hong Kong dollars in the previous period. The change in performance during the period is mainly due to (i) an increase in direct costs, mainly including subcontracting costs and direct employee costs; and (ii) an increase in financing costs, mainly due to increased interest rates or bank loans during the period.
THELLOY DEV: PROFIT WARNING
Thelloy Dev (01546.HK) plans to hold a board of directors meeting on November 21 to approve mid-term performance.
Galonnovember 11th, thelloy dev (01546.HK) announced that a board of directors meeting is scheduled to be held on November 21, 2024 (Thursday), to consider and approve the publication of the group's unaudited interim performance for the six months ending September 30, 2024, as well as to consider the payment of interim dividends (if any).
THELLOY DEV: Annual Report 2024
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