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LANDRICH HLDG: INTERIM REPORT 2024
LANDRICH HLDG: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Landrich Expects Lower H1 Profit
"Profit Warning" landrich hldg (02132.HK) predicts a net profit decline, with a maximum potential profit of 3 million yuan in the mid-term.
Landrich hldg (02132.HK) issued a profit warning, expecting net profit for the six months ending September to be between 2 million and 3 million yuan, compared to 17.6 million yuan recorded in the same period last year. The decrease in net profit is attributed to delays in the assessment of certain project sites and instructions, as well as increases in construction and employee costs, resulting in a decline in gross margin.
LANDRICH HLDG: PROFIT WARNING
LANDRICH HLDG: ANNUAL REPORT 2024