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Hope Life International Holdings Ltd. ( (HK:1683) ) has provided an update.
Hope Life International Holdings Limited has issued a profit warning, indicating an expected net loss of at least HKD0.5 million for the six months ending June 30, 2025, compared to a net profit of HKD5.7 million in the same period in 2024. The anticipated decline in profit is attributed to increased finance costs from other borrowings and higher administrative expenses in its consumer goods business, signaling potential challenges in its financial management and operational efficiency.
The most recent analyst rating on (HK:1683) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hope Life International Holdings Ltd. stock, see the HK:1683 Stock Forecast page.
More about Hope Life International Holdings Ltd.
Hope Life International Holdings Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries in the consumer goods industry.
Average Trading Volume: 4,986,609
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.29B
Learn more about 1683 stock on TipRanks’ Stock Analysis page.