LUNG KEE (00255) Issues Profit Warning, Anticipates Annual Net Loss of Not Less Than HK$21 Million

Stock News

Jan 05

LUNG KEE (00255) announced that, compared to a net loss of HK$14 million for the year ended December 31, 2024, the Group expects to record a net loss of not less than HK$21 million for the year ending December 31, 2025. The increase in net loss is primarily attributable to a decrease in the Group's sales revenue amid challenging market conditions; and a decrease of HK$10.2 million (2024: HK$5.5 million) in the fair value of investment properties for the year ending December 31, 2025, resulting from rental declines in the Hong Kong retail property market.

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and a decrease of HK$10.2 million (2024: HK$5.5 million) in the fair value of investment properties for the year ending December 31, 2025, resulting from rental declines in the Hong Kong retail property market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00255","symbol_name":"龙记集团","start_time":0,"source_url":"","article_id":"1117943785","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117943785","pubTimestamp":1767602428,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"LUNG KEE (00255) announced that, compared to a net loss of HK$14 million for the year ended December 31, 2024, the Group expects to record a net loss of not less than HK$21 million for the year...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00255":"龙记集团","BK1183":"工业机械"},"translate_title":"龙记(00255)发盈警预计全年净亏损不少于2100万港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00255":1},"content_text":"LUNG KEE (00255) announced that, compared to a net loss of HK$14 million for the year ended December 31, 2024, the Group expects to record a net loss of not less than HK$21 million for the year ending December 31, 2025.\nThe increase in net loss is primarily attributable to a decrease in the Group's sales revenue amid challenging market conditions; 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