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Champion Technology Issues Profit Warning Amid Sector Challenges

Story Highlights
  • Champion Technology faces increased losses due to decreased revenue in smart city and renewable energy sectors.
  • Geopolitical sanctions and subsidy changes have negatively impacted Champion Technology’s financial performance.
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Champion Technology Issues Profit Warning Amid Sector Challenges

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Champion Technology Holdings ( (HK:0092) ) has issued an announcement.

Champion Technology Holdings Limited has issued a profit warning, indicating an expected increase in losses for the year ended June 30, 2025. The anticipated loss, ranging from HK$42 million to HK$46 million, is attributed to a significant decrease in revenue from its smart city solutions and renewable energy segments, exacerbated by geopolitical sanctions affecting component supply and a lack of investor interest following changes in government subsidy programs. Additionally, a non-recurring gain from a previous asset disposal has impacted the comparative financial results.

More about Champion Technology Holdings

Champion Technology Holdings Limited operates in the smart city solutions and renewable energy sectors. The company is focused on providing innovative solutions for urban development and renewable energy systems, with a market presence primarily in Hong Kong.

YTD Price Performance: -37.54%

Average Trading Volume: 528,186

Technical Sentiment Signal: Sell

Current Market Cap: HK$175.3M

Find detailed analytics on 0092 stock on TipRanks’ Stock Analysis page.

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