tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cherish Sunshine International Limited Issues Profit Warning Amid Trading Suspension

Story Highlights
  • Cherish Sunshine International Limited expects a significant net loss for fiscal year 2025.
  • Trading of the company’s shares remains suspended, urging caution among investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cherish Sunshine International Limited Issues Profit Warning Amid Trading Suspension

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.

Cherish Sunshine International Limited ( (HK:1094) ) has provided an announcement.

Cherish Sunshine International Limited, a company listed on the Hong Kong Stock Exchange, has announced a significant expected net loss for the fiscal year ending March 31, 2025, ranging between HK$120 million and HK$130 million, compared to a profit of HK$0.8 million the previous year. This downturn is attributed to non-cash impairment losses on intangible assets and increased impairment loss for trade and other receivables. Additionally, trading of the company’s shares remains suspended since July 2, 2025, with no specified date for resumption, urging caution among shareholders and potential investors.

More about Cherish Sunshine International Limited

Average Trading Volume: 89,081

Technical Sentiment Signal: Hold

Current Market Cap: HK$284.4M

For an in-depth examination of 1094 stock, go to TipRanks’ Overview 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