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The latest announcement is out from China Wan Tong Yuan (Holdings) Ltd. ( (HK:6966) ).
China Wan Tong Yuan (Holdings) Limited has issued a profit warning, indicating an expected loss of RMB9.00 million to RMB10.00 million for the first half of 2025, compared to a profit of RMB7.28 million in the same period in 2024. The anticipated loss is attributed to macroeconomic effects, decreased demand for burial plots and funeral services, increased taxation costs, and a decline in the fair value of financial assets. Despite these challenges, the company remains committed to optimizing operational management and maintaining a healthy financial structure.
The most recent analyst rating on (HK:6966) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Wan Tong Yuan (Holdings) Ltd. stock, see the HK:6966 Stock Forecast page.
More about China Wan Tong Yuan (Holdings) Ltd.
China Wan Tong Yuan (Holdings) Limited operates in the burial industry, focusing on the sale of burial plots and funeral services. The company is engaged in the development of the burial industry through strategies like geographical exploration, cost refinement, and ecosystem building.
Average Trading Volume: 35,714
Technical Sentiment Signal: Hold
Current Market Cap: HK$490M
For detailed information about 6966 stock, go to TipRanks’ Stock Analysis page.