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Forward Fashion (International) Holdings Company Limited ( (HK:2528) ) has provided an announcement.
Forward Fashion (International) Holdings Company Limited has issued a profit warning, anticipating a significant increase in net loss to no less than HK$90 million for the year ending December 2024, compared to a HK$19.8 million loss the previous year. This expected loss is attributed to poor sales performance in its retail stores amid a challenging retail environment, highlighting potential operational and financial challenges for the company and its stakeholders.
More about Forward Fashion (International) Holdings Company Limited
Forward Fashion (International) Holdings Company Limited operates in the retail industry, focusing on fashion products across its stores in Mainland China, Macau, Hong Kong, and Taiwan.
YTD Price Performance: 6.36%
Average Trading Volume: 237,894
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$92.8M
Find detailed analytics on 2528 stock on TipRanks’ Stock Analysis page.