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Duiba Group Ltd. Issues Profit Warning Amid Industry Challenges

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Duiba Group Ltd. Issues Profit Warning Amid Industry Challenges

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The latest announcement is out from Duiba Group Ltd. ( (HK:1753) ).

Duiba Group Ltd. has issued a profit warning, expecting a decline in revenue and an increase in losses for the first half of 2025 compared to the same period in 2024. The anticipated financial downturn is attributed to a reduction in the scale of its internet advertising business and a consequent decline in profit due to conservative budget plans from clients amidst ongoing industry uncertainties.

The most recent analyst rating on (HK:1753) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Duiba Group Ltd. stock, see the HK:1753 Stock Forecast page.

More about Duiba Group Ltd.

Duiba Group Ltd. is a company incorporated in the Cayman Islands, operating in the internet advertising industry. The company focuses on providing advertising services, but is currently experiencing a downsizing in its business scale due to conservative budget plans from advertising customers amid industry uncertainties.

Average Trading Volume: 1,905,559

Technical Sentiment Signal: Buy

Current Market Cap: HK$350M

For a thorough assessment of 1753 stock, go to TipRanks’ Stock Analysis page.

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