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Dalipal Holdings Limited ( (HK:1921) ) has provided an announcement.
Dalipal Holdings Limited has issued a profit warning for the year ended December 31, 2024, indicating a significant narrowing of losses in the second half of the year compared to the first half. The company attributes the annual loss, which will not exceed RMB 80 million, to industry challenges such as high supply levels and declining product prices, as well as substantial initial investments in its Middle East development strategy. Despite these challenges, the company remains cautiously optimistic about its operations and the overall industry recovery in 2025.
More about Dalipal Holdings Limited
Dalipal Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the pipe industry. The company focuses on the production and supply of pipes, with a strategic market interest in the Middle East.
YTD Price Performance: -0.11%
Average Trading Volume: 1,111,898
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$13.33B
See more data about 1921 stock on TipRanks’ Stock Analysis page.