Great Wall Pan Asia Holdings (DE:MPY) has released an update.
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Great Wall Pan Asia Holdings Limited has issued a profit alert indicating a significant drop in its interim profit by approximately 97% for the first half of 2024, compared to the same period last year. The decline is primarily due to an increase in finance costs for an associate, despite this having no substantial impact on the Group’s operating cash flow. The company emphasizes that its overall financial and business positions remain solid.
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