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China Shun Ke Long Holdings Limited ( (HK:0974) ) has provided an announcement.
China Shun Ke Long Holdings Limited has issued a profit warning, indicating an expected net loss between RMB62 million and RMB72 million for the fiscal year ending December 31, 2024. This anticipated loss is significantly higher than the RMB26.68 million loss recorded in 2023. The increase in losses is attributed to decreased gross profit from retail sales, impairment of assets due to the challenging business environment, and reduced promotion revenue from suppliers, despite a decrease in operating expenses.
More about China Shun Ke Long Holdings Limited
YTD Price Performance: 2.15%
Average Trading Volume: 5,200
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$275.9M
For a thorough assessment of 0974 stock, go to TipRanks’ Stock Analysis page.