Blue River Holdings Limited (HK:0498) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Blue River Holdings Limited has issued a profit warning, projecting a significant increase in losses for the six months ending September 2024, with expected losses reaching HK$123 million compared to HK$82 million in the same period last year. The increased loss is attributed to a considerable jump in losses from associates and reduced administrative expenses. Investors are advised to remain cautious as the final results are yet to be confirmed.
For further insights into HK:0498 stock, check out TipRanks’ Stock Analysis page.
