LET GROUP (01383) issued a profit warning, expecting a mid-term unaudited loss of approximately HKD 42.8 million for shareholders, a decrease from the same period last year.
Zhixin Finance APP News, LET GROUP (01383) announced that the Group is expected to incur a shareholder attributable unaudited loss of approximately 42.8 million Hong Kong dollars for the six months ending on June 30, 2025, while the shareholder attributable unaudited loss for the six months ending on June 30, 2024 (first half of 2024) is approximately 75.3 million Hong Kong dollars. The expected unaudited loss for shareholders in the reporting period is mainly attributed to the following net impacts: interest income in the reporting period increased by approximately 13.4 million Hong Kong dollars compared to the first half of 2024, of which shareholders' share is approximately 9.4 million Hong Kong dollars; no reversal of losses from a joint venture company in the reporting period, while a reversal of losses from a joint venture company of approximately 234 million Hong Kong dollars was obtained in the first half of 2024; financing costs in the reporting period increased by approximately 12.2 million Hong Kong dollars compared to the first half of 2024; net exchange gain of approximately 185 million Hong Kong dollars was obtained in the reporting period (of which shareholders' share is approximately 115 million Hong Kong dollars), while a net exchange loss of approximately 185 million Hong Kong dollars (of which shareholders' share is approximately 149 million Hong Kong dollars) was obtained in the first half of 2024.
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