Man Shun Group Expects HK$7 Million in Consolidated Net Loss for 2024

MT Newswires Live

2025/03/11

Man Shun Group (Holdings) (HKG:1746) expects a consolidated net loss attributable to the shareholders of HK$7 million for 2024, a Tuesday Hong Kong bourse filing said.

The construction engineering company attributed the expected loss to fewer new projects resulting from a weak Hong Kong property market, slowdown or suspension of certain projects, and an increase in direct costs of raw materials and labor.

Shares of the company closed over 5% higher on Tuesday.

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