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The latest announcement is out from Design Capital Limited ( (HK:1545) ).
Design Capital Limited has issued a profit warning, indicating a significant expected decrease in revenue of 20% to 30% for the first half of 2025 compared to the same period in 2024. The company anticipates an unaudited loss of S$2.0 million to S$2.5 million, primarily due to foreign exchange losses from the depreciating U.S. dollar and reduced furniture sales in the U.S. and Singapore markets. Despite these challenges, the company maintains a healthy financial position to navigate this period.
More about Design Capital Limited
Design Capital Limited operates in the furniture industry, focusing on the sale of furniture products. The company is involved in the U.S. and Singapore markets, with a particular emphasis on high-end residential segments.
Average Trading Volume: 220,238
Technical Sentiment Signal: Buy
Current Market Cap: HK$166M
For detailed information about 1545 stock, go to TipRanks’ Stock Analysis page.