Hung Hing Printing Group Forecasts Swing to Loss in 2024

MT Newswires Live
02-19

Hung Hing Printing Group (HKG:0450) expects a loss attributable to equity shareholders of HK$43 million for 2024 against a profit of HK$135 million logged for 2023, a Wednesday bourse filing said.

The company attributed the expected swing to a decline in revenue and the lack of recognition of a one-off income from the land resumption in Wuxi, China, which was recorded in the preceding year.

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