Lumina Group Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended 30 September 2022. For the year, the group anticipates to record a net loss of approximately HKD 1.4 million for the Relevant Period as compared to a net profit of approximately HKD 0.5 million for the period ended 30 September 2021. The anticipated turnaround from a net profit to a net loss for the Relevant Period was mainly attributable to the combined effect of an increase in the revenue recognised by the Group due to some large projects have made significant progress during the current financial period; a decrease in the gross profit margin due to the labour and resources supply chain strain, which in turn escalating direct costs under the COVID-19 pandemic; and an increase in the administrative expenses.
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5-day change | 1st Jan Change | ||
0.185 HKD | +1.65% | +3.35% | -40.32% |
May. 10 | Lumina Gold Brief:BMO Initiating Coverage at Outperform, With $0.75 Target | MT |
Feb. 07 | Suraj Estate Development Launches New Luxury Residential Project in Mumbai, India | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-40.32% | 14M | |
+6.31% | 906M | |
-20.85% | 694M | |
+22.15% | 339M | |
+23.56% | 121M | |
-7.36% | 76.12M | |
-37.85% | 62.89M | |
+9.81% | 60.67M | |
-5.37% | 56.63M |
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- Lumina Group Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 September 2022