share_log

中奥到家(01538.HK)盈警:预计上半年盈利减少约20%

China Olympic Home (01538.HK) Earnings Warning: Profit is expected to decrease by about 20% in the first half of the year

Gelonghui Finance ·  Aug 24, 2023 05:54

China Olympic Home (01538.HK) announced that its profit in the first half of 2023 is about 20% lower than that of the same period in 2022. The decrease in profit was mainly due to (I) the Group's gross profit margin was limited by macroeconomic conditions and the downturn in the real estate and property management industries, resulting in an increase in the provision for expected credit losses on trade and other receivables; and (ii) the non-recurrent gain on the sale of subsidiaries in the first half of 2022 was approximately RMB8.4 million.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment