National United Resources Holdings Limited (HK:0254) has released an update.
National United Resources Holdings Limited has issued a profit warning, anticipating a loss of HK$5 million to HK$15 million for the year ended 30 June 2024, a stark contrast to the HK$201.759 million profit in the previous eighteen months. The expected loss is mainly due to the absence of one-time gains from debt restructuring and the disposal of a subsidiary that were present in the last reporting period. Investors are advised to exercise caution when dealing with the company’s shares.
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