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China-Hongkong Photo Products Holdings Limited ( (HK:1123) ) has shared an announcement.
China-Hongkong Photo Products Holdings Limited has issued a profit warning, indicating an expected net loss of not more than HK$3 million for the fiscal year ending March 31, 2025, compared to a net profit of approximately HK$29.8 million the previous year. The decline is attributed to reduced consumer sentiment, the absence of an income tax credit, and non-cash impairment losses on financial assets, property, and investment properties. Despite these challenges, the company maintains a solid financial position and operations.
More about China-Hongkong Photo Products Holdings Limited
China-Hongkong Photo Products Holdings Limited operates in the consumer electronics and photographic products industry, focusing on the distribution and retail of photographic equipment and related products.
Average Trading Volume: 193,304
Technical Sentiment Signal: Hold
Current Market Cap: HK$142.2M
For detailed information about 1123 stock, go to TipRanks’ Stock Analysis page.