Iron-linked media down 6.36% by company issued profit warning drag

Source: Internet
Author: User
Keywords Hong Kong dollar goodwill
Tags analysts company economic media stock stock price warning
The 00745-HK, which was dragged down by the company's 09 earnings warning, is now down 6.36% to HK $0.221, but only a few 42,000 shares have been traded. The company said that as of the end of March this year, the annual consolidated performance would be significantly regressive from the previous year, mainly due to the increase in the professional costs involved in the current litigation and the loss of goodwill caused by the economic downturn, which will be announced in July.  The company has lost HK $29.71 million in the medium term. Some analysts have pointed out that the stock price has already been in a slump, may have reflected most of the benefit factors, further drag is expected to be limited.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.