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AV Concept Holdings Issues Profit Warning Amid Semiconductor Market Fluctuations

Story Highlights
  • AV Concept Holdings expects a significant profit decline for the year ending March 2025.
  • The profit drop is due to semiconductor market fluctuations and joint venture performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AV Concept Holdings Issues Profit Warning Amid Semiconductor Market Fluctuations

Elevate Your Investing Strategy:

AV Concept Holdings Limited ( (HK:0595) ) just unveiled an update.

AV Concept Holdings Limited has issued a profit warning, anticipating a significant decline in its consolidated profit for the year ending March 31, 2025. The expected decrease of at least 48% compared to the previous year is attributed to a reduction in gross profit margin due to market fluctuations in the semiconductor industry and poor performance of its joint ventures. The company is still finalizing its unaudited financial results, and stakeholders are advised to exercise caution.

More about AV Concept Holdings Limited

AV Concept Holdings Limited operates in the semiconductor industry, focusing on providing semiconductor-related products and services. The company is involved in joint ventures and associates, which contribute to its financial performance.

Average Trading Volume: 276,821

Technical Sentiment Signal: Buy

Current Market Cap: HK$395.3M

Learn more about 0595 stock on TipRanks’ Stock Analysis page.

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