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Hans Group Holdings Issues Profit Warning Amid Acquisition Costs

Story Highlights
  • Hans Group Holdings anticipates a significant increase in losses due to the acquisition of Bravo Transport.
  • Despite losses, the Group expects strong EBITDA, indicating core operational profitability.
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Hans Group Holdings Issues Profit Warning Amid Acquisition Costs

Hans Energy Co. Ltd. ( (HK:0554) ) just unveiled an announcement.

Hans Group Holdings Limited, a company listed on the Hong Kong Stock Exchange, has issued a profit warning indicating a significant increase in losses for the year ended December 31, 2024, primarily due to its acquisition of Bravo Transport Holdings Limited. Despite the anticipated loss of up to HK$190 million, the Group expects a strong EBITDA of at least HK$250 million, reflecting the profitability of its core operations post-acquisition.

More about Hans Energy Co. Ltd.

YTD Price Performance: -29.67%

Average Trading Volume: 2,299,298

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$881.3M

For a thorough assessment of 0554 stock, go to TipRanks’ Stock Analysis page.

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