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Hevol Services Group Issues Profit Warning Amid Market Expansion Efforts

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Hevol Services Group Issues Profit Warning Amid Market Expansion Efforts

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Hevol Services Group Co. Limited ( (HK:6093) ) has shared an update.

Hevol Services Group Co. Limited has issued a profit warning, anticipating a significant decrease in net profit for the first half of 2025 compared to the same period in 2024. The expected decline is attributed to lower gross profit margins from new projects, increased credit impairment provisions, and a one-off loss from the disposal of a major equity interest. Stakeholders are advised to exercise caution as the company finalizes its unaudited interim results.

More about Hevol Services Group Co. Limited

Hevol Services Group Co. Limited is a company incorporated in the Cayman Islands, primarily engaged in property management services. The company focuses on expanding its market share through new property management projects, including public building projects, which have lower gross profit margins.

Average Trading Volume: 27,937

Technical Sentiment Signal: Sell

Current Market Cap: HK$515.2M

Learn more about 6093 stock on TipRanks’ Stock Analysis page.

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