Profits Warnings

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Wednesday, 24 February 2021

Latest News for: Profits warnings

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PROFIT WARNING (HongKong Chinese Limited)

Public Technologies 24 Feb 2021

PROFIT WARNING ... loss attributable to equity holders of the Company of not less than HK$800 million for the nine months ended 31 December 2020 (the "Period"), as compared to a consolidated profit of approximately HK$425 million for the year ended 31 March 2020.

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PROFIT WARNING (China Financial International Investments Limited)

Public Technologies 24 Feb 2021

) ... CHINA FINANCIAL INTERNATIONAL INVESTMENTS LIMITED 中國金國際投資有限公司. (Incorporated in the Cayman Islands and continued in Bermuda with limited liability). (Stock Code. 721). PROFIT WARNING ... The Board believes that such decrease in loss is primarily attributable by the reduction in the fair value losses on the unlisted investments and listed investments.

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PROFIT WARNING (Zhejiang Tengy Environmental Technology Co Ltd)

Public Technologies 24 Feb 2021

) ... 浙江天潔環境科技股份有限公司. Zhejiang Tengy Environmental Technology Co., Ltd ... (Stock Code. 1527). PROFIT WARNING ... December 2020, the Group is expected to record a decrease in the net profit for the financial year ended 31 December 2020 of over 50% as compared to the net profit of approximately RMB34.3 million for the financial year ended 31 December 2019 ... Mr ... Mr.

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PROFIT WARNING (Goldin Financial Holdings Limited)

Public Technologies 24 Feb 2021

PROFIT WARNING ... for the disposal of the Kai Tak residential project in July 2020, details of which are disclosed in the Company's circular dated 29 January 2021; and (ii) decrease in revenues and accordingly gross profit contribution generated by the wine and related businesses.

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Chinese Estates warns of 30pc profit fall

Hong Kong Standard 24 Feb 2021

Chinese Estates (0127) yesterday warned it may record a decrease in net profit ranging from 20 percent to 30 ... The profit warning came after the company announced last week that it appointed Kimbee Chan Hoi-wan, the wife of billionaire Joseph Lau Luen-hung, as chief executive.

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(I) PROFIT WARNING FOR THE YEAR ENDED 31 DECEMBER 2020; AND (II) POTENTIAL IMPAIRMENT LOSS ON INVESTMENT IN AN ASSOCIATE OF THE COMPANY (TOM Group Limited)

Public Technologies 24 Feb 2021

) ... (Stock Code. 2383). (I) PROFIT WARNING FOR THE YEAR ENDED 31 DECEMBER 2020;. AND. (II) POTENTIAL IMPAIRMENT LOSS ON INVESTMENT IN AN ASSOCIATE OF THE COMPANY. This announcement is made by the Company pursuant to Rule 13.09(2)(a) of the Listing Rules and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) ... GENERAL.

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L.A. City Council approves ‘hero pay’ wage boost for grocery workers

The Los Angeles Times 24 Feb 2021

Grocery store chains’ profits during the pandemic and executives’ pay was cited by some council members as a reason for the pay hike ... The analysis characterized the grocery store industry as a low-profit-margin sector and warned that stores could respond to the city’s ordinance by closing stores or laying off staff.

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Pound hits three-year high as inflation fears weigh on markets – business live

The Guardian 24 Feb 2021

reopening plan lifts pound But investors worry that inflationary pressures could force central banks to tighten Fed chair warns US economic recovery ‘uneven and far from ...

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Metro Bank sets off alarms with widening loss

The Times/The Sunday Times 24 Feb 2021

However, it has faced prolonged struggles over its profitability and capital strength. Investors were also surprised by a warning from the peer-to-peer ...

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Inside Information Announcement - Profit Warning (Chinese Estates Holdings Limited)

Public Technologies 24 Feb 2021

PROFIT WARNING ... Following are a number of reasons which led to the increase in the Revenue and the decrease in the Profit.- ... The decrease in the Profit constitutes profit warning and inside information of this announcement, nevertheless there is increase in the Revenue.

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Border closures hit Blackmores’ vitamin sales, but pet pills boom

Sydney Morning Herald 24 Feb 2021

The health supplements maker brought back its dividend after posting a profit jump, but warned the impact of the coronavirus pandemic is still being felt ....

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9 petrol pumps sealed over profiteering

Urdu Point 24 Feb 2021

Deputy Commissioner (DC) Mardan, Habibullah Arif has warned petrol pumps ...

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What the Texas storm reveals about climate politics in the US

New Statesman 24 Feb 2021

The freezing weather had such a devastating impact because Texas legislators deregulated the state’s energy market, because oil and gas companies hold significant sway over Texas politicians, and because companies were allowed to decide to prioritise profit over caution – in spite of warnings and the growing impact of climate change.