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Huajin International Holdings Ltd. ( (HK:2738) ) just unveiled an update.
Huajin International Holdings Ltd. has issued a profit warning, indicating a significant decline in revenue and a shift from profit to loss for the first half of 2025. The company attributes this downturn to weak market demand, intensified competition, trade environment challenges, and high raw material costs. The steel industry has been particularly affected by slowed investments in key sectors, tariff barriers, and increased production costs, leading to decreased order volumes and higher unit processing costs. These factors have collectively impacted the company’s financial performance, posing challenges for stakeholders.
The most recent analyst rating on (HK:2738) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Huajin International Holdings Ltd. stock, see the HK:2738 Stock Forecast page.
More about Huajin International Holdings Ltd.
Huajin International Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the steel industry. The Group focuses on the production and export of steel products, catering to both domestic and international markets.
Average Trading Volume: 697,187
Technical Sentiment Signal: Sell
Current Market Cap: HK$162M
See more data about 2738 stock on TipRanks’ Stock Analysis page.