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Global Sweeteners Holdings Limited ( (HK:3889) ) just unveiled an update.
Global Corn Group Limited has issued a profit warning, anticipating a net loss between HK$65.0 million and HK$85.0 million for the first half of 2025, contrasting with a net profit of HK$165.6 million in the same period last year. This downturn is attributed to the absence of significant one-off gains from debt restructuring and asset disposal recorded in the previous year, impacting the company’s financial performance and market positioning.
More about Global Sweeteners Holdings Limited
Global Corn Group Limited operates in the sweeteners industry, focusing on corn-based products. The company is involved in the production and distribution of sweeteners and related products, catering to various markets.
Average Trading Volume: 730,597
Technical Sentiment Signal: Sell
Current Market Cap: HK$195.1M
See more insights into 3889 stock on TipRanks’ Stock Analysis page.