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HANG YICK HLDGS: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Hang Yick Hldgs (01894) appointed Chan Man Kit as an independent non-executive director.
hang yick hldgs (01894) announced that starting from November 25, 2024, Mr. Chen Minjie has been appointed as an independent director of the company...
hang yick hldgs (01894.HK) held a board of directors meeting on November 29 to discuss and approve the mid-term performance.
Grandall11月15thhang yick hldgs(01894.HK) announced that the board of directors will hold a meeting on November 29, 2024 (Friday) to consider and approve the unaudited interim performance of the company and its subsidiaries for the six months ended September 30, 2024, as well as to consider the distribution of interim dividends (if any).
Hang Yick Expects to Swing to Loss in H1
hang yick hldgs (01894.HK) profit warning: expected mid-term loss not more than 10 million Hong Kong dollars
Hang Yick Holdings (01894.HK) announced on September 27 that the group expects to incur a loss of no more than 10 million Hong Kong dollars for the six months ending on September 30, 2024, while a profit of approximately 6.6 million Hong Kong dollars was recorded for the six months ending on September 30, 2023. The board of directors is aware of the liquidity issues and financial conditions of some customers and the overall construction industry. Considering the recent repayment trends and increased payment delays, the company expects to recognize additional expected credit losses on long overdue trade receivables. This adjustment reflects the deterioration of credit risk and the uncertainty in the construction industry. As of September 30, 2024.
haitong sec: Pressure has emerged in the construction industry, looking forward to policy changes.
haitong sec released research reports stating that industry pressure has already emerged, awaiting policy changes.
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