China LNG Group (HK:0931) has released an update.
China HK Power Smart Energy Group Limited has issued a profit warning, anticipating a loss of HK$50 million to HK$65 million for the six months ending September 2024, due to a one-off penalty provision and seasonal business factors. Despite the interim loss, the company remains optimistic about returning to profitability by the end of the fiscal year.
For further insights into HK:0931 stock, check out TipRanks’ Stock Analysis page.
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