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B & S International Holdings Ltd. ( (HK:1705) ) has provided an announcement.
B & S International Holdings Ltd. has issued a profit warning, anticipating a significant decrease in net profit by 40% to 50% for the year ending March 2025, compared to the previous year. This decline is attributed to reduced revenue and gross profit due to a weakened consumer market and economic uncertainty in Hong Kong. In response, the company plans to enhance its product offerings and marketing strategies while implementing strict cost control measures to safeguard margins.
More about B & S International Holdings Ltd.
B & S International Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the retail and distribution business. The company operates within the consumer market in Hong Kong, focusing on enhancing product offerings and marketing strategies to maintain sales and market share.
Average Trading Volume: 132,325
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$150M
Find detailed analytics on 1705 stock on TipRanks’ Stock Analysis page.
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