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Cherish Sunshine International Limited ( (HK:1094) ) has issued an announcement.
Cherish Sunshine International Limited has issued a profit warning, indicating a significant expected loss for the current period compared to a profit in the previous year. The anticipated loss, ranging from HK$30 million to HK$35 million, is primarily due to a fair value loss on investment properties, which contrasts with a gain in the prior period. The company is taking measures to protect its interests and does not expect this result to significantly impact future operations.
The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.
More about Cherish Sunshine International Limited
Average Trading Volume: 994,494
Technical Sentiment Signal: Sell
Current Market Cap: HK$237M
For a thorough assessment of 1094 stock, go to TipRanks’ Stock Analysis page.