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BetterLife Holding Limited ( (HK:6909) ) has issued an update.
BetterLife Holding Limited has issued a profit warning, indicating an expected decrease of up to 80% in profit attributable to its owners for the first half of 2025 compared to the same period in 2024. This decline is attributed to reduced revenue from automobile sales, driven by macroeconomic challenges and weak market sentiment, impacting the company’s gross profits and margins.
The most recent analyst rating on (HK:6909) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on BetterLife Holding Limited stock, see the HK:6909 Stock Forecast page.
More about BetterLife Holding Limited
BetterLife Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in the automotive industry. The company focuses on the sales of automobiles and operates within the market context influenced by macroeconomic conditions and market sentiment.
Average Trading Volume: 103,469
Technical Sentiment Signal: Sell
Current Market Cap: HK$392.2M
See more data about 6909 stock on TipRanks’ Stock Analysis page.