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The latest update is out from BaWang International (Group) Holding Limited ( (HK:1338) ).
BaWang International (Group) Holding Limited has issued a profit warning for the first half of 2025, expecting a net loss of approximately RMB4.9 million compared to a net profit in the same period of 2024. Despite an 11% increase in revenue, the loss is attributed to a decline in gross profit margin due to increased raw material costs and higher selling and distribution expenses driven by marketing efforts.
More about BaWang International (Group) Holding Limited
BaWang International (Group) Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in the production and distribution of consumer products. The company focuses on the development and marketing of personal care and health-related products.
Average Trading Volume: 3,264,793
Technical Sentiment Signal: Hold
Current Market Cap: HK$164.4M
For a thorough assessment of 1338 stock, go to TipRanks’ Stock Analysis page.