HOME CONTROL (01747.HK) expects that the subscribed financial principal-protected products may generate an annual accounting provision of approximately 25.24 million Hong Kong dollars.

Glory Exchange stated on December 13 that HOME CONTROL (01747.HK) announced that the financial products purchased by the company may result in an accounting provision of approximately HKD 25,240,000 for the year ending December 31, 2024. The company first subscribed to investment products on November 13, 2019, with an amount of HKD 38,000,000. The company partially redeemed investment products in September and October 2022, while the unredeemed principal of the investment products is HKD 25,240,000. The investment products were recently updated in May 2024.

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