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CROSSTEC Group Holdings Ltd. ( (HK:3893) ) has shared an update.
CROSSTEC Group Holdings Limited has issued a profit warning, indicating an expected increase in net loss for the year ending June 30, 2025, ranging from HK$27.0 million to HK$29.9 million, compared to a loss of HK$13.0 million the previous year. The increase in loss is attributed to a decrease in gross profit, a reduction in gains from early lease terminations, the absence of gains from waived trade payables, and higher finance costs, signaling potential challenges in the company’s financial performance and operational efficiency.
More about CROSSTEC Group Holdings Ltd.
CROSSTEC Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in providing interior design and fit-out services. The company operates in the construction and design industry, focusing on delivering comprehensive solutions for interior spaces.
Average Trading Volume: 1,083,753
Technical Sentiment Signal: Hold
Current Market Cap: HK$160.5M
See more data about 3893 stock on TipRanks’ Stock Analysis page.