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An update from Acme International Holdings Limited ( (HK:1870) ) is now available.
Acme International Holdings Limited announced an expected unaudited consolidated loss of approximately HK$26 million for the first half of 2025, compared to a profit in the same period last year. The loss is attributed to a decline in the building maintenance unit system business due to a downturn in Hong Kong’s construction industry, losses in the electricity trading service in Shandong due to price fluctuations, and increased administrative expenses from developing its green power energy segment. Despite these challenges, the company anticipates improvement in the electricity trading segment as new energy power plants enter the market.
More about Acme International Holdings Limited
Acme International Holdings Limited is a company incorporated in the Cayman Islands, operating in the construction and energy sectors. Its primary services include building maintenance unit systems and electricity trading, with a market focus on Hong Kong and Shandong Province, China.
Average Trading Volume: 3,021,523
Technical Sentiment Signal: Sell
Current Market Cap: HK$221.2M
Find detailed analytics on 1870 stock on TipRanks’ Stock Analysis page.