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Hengxin Technology Ltd. ( (HK:1085) ) has issued an announcement.
Hengxin Technology Ltd. has issued a profit warning, expecting to report a net loss of at least RMB68 million for the first half of 2025, a significant decline from a net profit of RMB26.6 million in the same period last year. This downturn is primarily due to decreased revenue, a reduced gross profit margin, and increased interest expenses and corporate income tax. The company advises shareholders and potential investors to exercise caution as the final financial results may differ from the preliminary assessment.
The most recent analyst rating on (HK:1085) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Hengxin Technology Ltd. stock, see the HK:1085 Stock Forecast page.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd. operates in the technology sector, focusing on providing innovative solutions and services. The company is incorporated in Singapore and conducts business in Hong Kong under the name HX Singapore Ltd.
Average Trading Volume: 226,779
Technical Sentiment Signal: Sell
Current Market Cap: HK$689.1M
Find detailed analytics on 1085 stock on TipRanks’ Stock Analysis page.