Luks Group (Vietnam Holdings) Company Limited provided group earnings guidance for the year ended 31 December 2023. for the year, Group is expected to record a net loss for the year ended 31 December 2023 ranging from HKD 80 million to HKD 120 million as compared to a net profit recorded for the year ended 31 December 2022 of approximately HKD 48,498,000. The loss was primarily attributable to:- (i) Due to continuous losses of the Group's cement business in past two years, and according to an independent valuer's assessment, the recoverable amount of the cash-generating unit of the cement business has significantly reduced and thus, a provision for impairment loss on the Group's properties, plants and equipment was made thereof; and (ii) The Group recorded lesser fair value gains on investment properties for the year ended 31 December 2023, as compared to the year of 2022.
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5-day change | 1st Jan Change | ||
0.85 HKD | -1.16% | -2.30% | -10.53% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-10.53% | 55.39M | |
+18.87% | 48.7B | |
+19.73% | 17.49B | |
-2.94% | 16.34B | |
-8.19% | 11.1B | |
+26.43% | 8.9B | |
+45.17% | 7.9B | |
-2.73% | 7.87B | |
-1.05% | 7.74B | |
+105.28% | 7.21B |
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- Luks Group (Vietnam Holdings) Company Limited Provides Group Earnings Guidance for the Year Ended 31 December 2023