Four Seas Mercantile's Profit to Fall in Fiscal H1

MT Newswires Live
25 Nov 2024

Four Seas Mercantile (HKG:0374) expects an attributable profit of between HK$18 million and HK$23 million for the six months ended Sept. 30, down from HK$30 million a year prior, a Monday bourse filing said.

The food and beverage manufacturer attributed the lower anticipated profit mainly to a decrease in revenue, which subsequently impacted gross profit.

Price (HKD): $2.50, Change: $-0.020, Percent Change: -0.79%

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