Ever Harvest Group Holdings Limited (HK:1549) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ever Harvest Group Holdings Limited projects a net loss of around HK$9.2 million for the first half of 2024, a significant downturn from the HK$6.4 million profit in the same period last year. This decline is attributed to decreased demand for the company’s shipping services and increased tax expenses following an audit. The Group has received tax notices resulting in additional charges and penalties totalling approximately HK$11.9 million, which will be fully settled as required.
For further insights into HK:1549 stock, check out TipRanks’ Stock Analysis page.