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China Resources Beverage (Holdings) Company Limited ( (HK:2460) ) has issued an update.
China Resources Beverage (Holdings) Company Limited has issued a profit warning, anticipating a 20% to 30% decline in net profit for the first half of 2025 compared to the same period in 2024. This decrease is attributed to increased marketing investments, product portfolio adjustments, and channel changes, which have temporarily impacted profits. The company is taking measures to stabilize the market, launch new non-water beverages, and optimize operations to mitigate these effects.
The most recent analyst rating on (HK:2460) stock is a Buy with a HK$18.84 price target. To see the full list of analyst forecasts on China Resources Beverage (Holdings) Company Limited stock, see the HK:2460 Stock Forecast page.
More about China Resources Beverage (Holdings) Company Limited
China Resources Beverage (Holdings) Company Limited operates in the beverage industry, focusing on the production and distribution of various drink products. The company is known for its strategic investments in marketing and product portfolio adjustments to enhance its market presence.
Average Trading Volume: 7,497,171
Technical Sentiment Signal: Hold
Current Market Cap: HK$31.42B
For an in-depth examination of 2460 stock, go to TipRanks’ Overview page.