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Ernest Borel Holdings Ltd ( (HK:1856) ) just unveiled an announcement.
Ernest Borel Holdings Ltd has issued a profit warning, anticipating a net loss of approximately HK$21.8 million for the first half of 2025, a significant increase from the HK$5.3 million loss in the same period of 2024. This downturn is attributed to weak consumer market sentiment, slow economic recovery, and geopolitical tensions affecting customer order volumes.
The most recent analyst rating on (HK:1856) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Ernest Borel Holdings Ltd stock, see the HK:1856 Stock Forecast page.
More about Ernest Borel Holdings Ltd
Ernest Borel Holdings Ltd is a company incorporated in the Cayman Islands, primarily engaged in the watchmaking industry. The company focuses on producing and selling timepieces, catering to a market that values precision and craftsmanship.
Average Trading Volume: 1,153,600
Technical Sentiment Signal: Sell
Current Market Cap: HK$522.4M
For detailed information about 1856 stock, go to TipRanks’ Stock Analysis page.