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    0637   KYG542761039

LEE KEE HOLDINGS LIMITED

(0637)
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 02/20
0.27 HKD   0.00%
2019LEE KEE : Interim Report 2019
PU
2019LEE KEE : Interim results announcement for the six months ended 30th september 2019
PU
2019LEE KEE : Profit Warning
PU
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Lee Kee : Profit Warning

11/01/2019 | 05:03am EST

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 637)

Profit Warning

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors (the "Board") of Lee Kee Holdings Limited (the "Company", and together with its subsidiaries, the "Group") wishes to inform the shareholders of the Company and investors that based on the preliminary assessment of the Group's latest unaudited management accounts, the Group is expected to record a loss attributed to equity holders of the Company for the six months ended 30th September 2019 (the "Interim Period") of a similar level to that for the same period in 2018 due to the worsening global macro-economic environment during the Interim Period that adversely impacted the Group's performance. The drop in metal prices, in particular zinc, which lowered the overall gross profit of the sale transactions made during the Interim Period, and resulted in a significant stock provision on the inventory held as at 30th September 2019 was also a main reason for the loss.

The information contained in this announcement is only based on the preliminary assessment made by the Company and has not been reviewed or audited by the auditors of the Company. Further details of the results of the Group for the Interim Period (the "Interim Results") will be provided in the Company's Interim Results announcement.

Shareholders of the Company and investors are advised to exercise caution when dealing in the shares of the Company.

As at the date of this announcement, the directors of the Company are Mr. CHAN Pak Chung, Ms. CHAN Yuen Shan Clara, MH, Mr. CHAN Ka Chun Patrick, Ms. OKUSAKO CHAN Pui Shan Lillian, Mr. CHUNG Wai Kwok Jimmy*, Mr. HU Wai Kwok* and Mr. HO Kwai Ching Mark*.

By Order of the Board

CHAN Pak Chung

Chairman

Hong Kong, 1st November, 2019

* Independent Non-Executive Directors

Disclaimer

Lee Kee Holdings Limited published this content on 01 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2019 10:02:17 UTC


ę Publicnow 2019
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Managers and Directors
Yuen Shan Chan Vice Chairman & Chief Executive Officer
Wa Pang Cheuk Chief Financial Officer
Pak Chung Chan Chairman
King On Lee Secretary & Compliance Manager
Wai Kwok Chung Independent Non-Executive Director
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