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CAFE DE CORAL H Descends 5%+ as Interim Profit Expected to Sink 30% Max.
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CAFE DE CORAL H (00341.HK) issued a profit warning, and opened 1.56% lower before its decline widened today (8th). The stock cratered 6.1% to a low of $7.82, and last dipped 5.4% to $7.88. Volume was 1.418 million shares, involving $11.3372 million.

CAFE DE CORAL H expected to record a decline of not more than 30% of net profit for the six months ended 30 September 2024, due to the weakened economy and outbound spending behavior.

Related NewsCAFE DE CORAL H Forecasts Interim NP to Sink 30% Max. YoY

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