tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

C.banner Reports Interim Loss Amid Revenue Decline

Story Highlights
C.banner Reports Interim Loss Amid Revenue Decline

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from C.banner International Holdings Ltd. ( (HK:1028) ).

C.banner International Holdings Ltd. reported its unaudited interim results for the six months ending June 30, 2025, showing a decline in revenue and a shift from profit to loss compared to the same period in 2024. The company experienced a decrease in revenue from RMB 720,643,000 in 2024 to RMB 640,165,000 in 2025, and a loss before income tax of RMB 134,713,000 compared to a profit of RMB 68,897,000 in the previous year. The financial downturn is attributed to increased distribution and selling expenses, as well as other losses, impacting the company’s overall financial performance.

The most recent analyst rating on (HK:1028) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on C.banner International Holdings Ltd. stock, see the HK:1028 Stock Forecast page.

More about C.banner International Holdings Ltd.

C.banner International Holdings Ltd. is a company incorporated in Bermuda with limited liability, focusing on the fashion industry. The company and its subsidiaries are involved in the production and sale of footwear and other related products.

Average Trading Volume: 254,553

Technical Sentiment Signal: Sell

Current Market Cap: HK$398.8M

For a thorough assessment of 1028 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1