NUR Holdings (00254) issues profit warning, estimated annual loss attributed to owners of the company is expected to be approximately HK$5 million to HK$15 million.

NUR HOLDINGS (00254) announced that the company expects to record a net loss attributable to owners of the company of approximately HK$50 million to HK$150 million for the year ending June 30, 2024, while a profit attributable to owners of the company of approximately HK$202 million was recorded for the eighteen months ending June 30, 2023. The Board of Directors believes that the change from profit to loss is mainly due to the lack of debt restructuring income and disposal of subsidiary income (approximately HK$328 million and HK$37.66 million, respectively, during the corresponding periods).