Beijing Health Forecasts Increased Losses

Beijing Health (Holdings) Limited (HK:2389) has released an update.

Beijing Health (Holdings) Limited has issued a profit warning indicating an expected increase in loss of approximately HK$40 million compared to the previous year. The increase is attributed to exchange losses, decreased share prices of associates, lower interest income from completed real estate projects, and higher interest expenses in joint ventures. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

For further insights into HK:2389 stock, check out TipRanks’ Stock Analysis page.