tiprankstipranks
Huafang Group Advises Caution on Shareholder Forecast
Company Announcements

Huafang Group Advises Caution on Shareholder Forecast

Huafang Group Inc. (HK:3611) has released an update.

Huafang Group Inc. has issued a notice regarding a financial forecast from its major shareholder, Songcheng Performance, advising shareholders not to rely unduly on these projections as they haven’t been audited. Additionally, trading of the company’s shares remains suspended since April 3, 2023, as they await the Stock Exchange’s approval post the publication of audited results for the year ended December 31, 2022. The company cautions that forward-looking statements involve significant risks and actual results may differ.

For further insights into HK:3611 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!