Hong Kong Resources Holdings Co. Ltd. (HK:2882) has released an update.
3DG Holdings (International) Limited warns shareholders and potential investors of an expected increase in loss for the fiscal year ended June 2024, projecting a loss between HK$130 million to HK$140 million. This anticipated decline is primarily due to a hedging loss associated with the surge in gold prices affecting the fair values of the company’s gold loans. Investors are urged to exercise caution when dealing with the company’s shares, with detailed annual results to be released in late September 2024.
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