CHI HO DEV(08423) issued a profit warning, expecting the annual performance to turn from a profit to a loss of HK$12-13 million compared to the previous year.
CHI HO DEV (08423) announced that it is expected that the group will have its annual report for the year ending on March 31, 2025.
CHI HO DEV(08423) announced that it is expected to have a net comprehensive loss of 12 million to 13 million Hong Kong dollars for the year ending on March 31, 2025, compared to a net comprehensive profit of approximately 10.1 million Hong Kong dollars for the year ending on March 31, 2024. The expected loss is mainly due to impairment loss of approximately 16 million Hong Kong dollars in equity account and a decrease in gross profit from decoration projects.
Related Articles

China Tianrui (01252) released its 2024 annual performance, with a net profit attributable to shareholders of 279 million yuan, reversing last year's loss.

NAN NAN RES (01229) released its annual performance, with a net profit attributable to shareholders of 72.58 million Hong Kong dollars, a year-on-year increase of 85.67%.

E&P GLOBAL (01142) announced annual performance, with a net loss attributable to owners of approximately HKD 329 million, a change from profit to loss compared to the previous year.
China Tianrui (01252) released its 2024 annual performance, with a net profit attributable to shareholders of 279 million yuan, reversing last year's loss.

NAN NAN RES (01229) released its annual performance, with a net profit attributable to shareholders of 72.58 million Hong Kong dollars, a year-on-year increase of 85.67%.

E&P GLOBAL (01142) announced annual performance, with a net loss attributable to owners of approximately HKD 329 million, a change from profit to loss compared to the previous year.

RECOMMEND

XPeng Motors Faces Whistleblower Allegations Over Steering Design Flaw and Concealment
20/06/2025

After Foundation Models, Intelligent Agents Take Center Stage as Tech Firms Accelerate Deployment | Live from MWC Shanghai
20/06/2025

Ministry of Commerce: Online Retail Sales Increased by 8.5% from January to May
20/06/2025