Cross-Harbour (Holdings) (HK:0032) has released an update.
Cross-Harbour (Holdings) Limited has issued a profit warning, projecting a decrease of approximately 47% for the six-month period ending June 30, 2024, compared to the same period last year. The anticipated drop is mainly due to the discontinuation of tunnel operations in August 2023, which previously contributed HK$246.7 million to the first-half profits of 2023. Investors are cautioned to exercise care when trading the company’s shares.
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