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An update from A & S Group (Holdings) Limited ( (HK:1737) ) is now available.
A & S Group (Holdings) Limited has issued a profit warning, indicating an expected net loss of HK$20.0 million to HK$25.0 million for the year ending March 31, 2025, compared to a net profit of HK$17.6 million the previous year. This downturn is attributed to a decrease in cargo volume and the inability to proportionally reduce labor costs, as the company maintained a stable workforce amidst an uncertain trading environment.
More about A & S Group (Holdings) Limited
A & S Group (Holdings) Limited is a company incorporated in the Cayman Islands, operating in the logistics industry with a focus on air freight forwarding ground handling services.
Average Trading Volume: 490,408
Technical Sentiment Signal: Buy
Current Market Cap: HK$122M
Find detailed analytics on 1737 stock on TipRanks’ Stock Analysis page.