LET Group Projects Loss and Continues Trading Suspension

Suncity Group Holdings (HK:1383) has released an update.

LET Group Holdings Limited has issued a profit warning, anticipating a loss for the first half of 2024 compared to a profit in the same period the previous year. The projected loss is attributed to factors including the absence of reversal of impairment loss and net exchange losses. Shares of the company remain suspended from trading as it works to meet resumption guidance and resolve issues to the satisfaction of the Stock Exchange.

For further insights into HK:1383 stock, check out TipRanks’ Stock Analysis page.