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The latest announcement is out from Huasheng International Holding Limited ( (HK:1323) ).
Huasheng International Holding Limited has issued a profit warning, anticipating a significant increase in net loss for the six months ending September 2025, compared to the same period in 2024. The increased loss is attributed to a decline in demand for concrete products due to a sluggish real estate market in China, increased raw material costs, and intensified price competition. Additionally, the company experienced an increased share of loss from associates, although it benefited from reduced finance costs due to decreased borrowing.
More about Huasheng International Holding Limited
Huasheng International Holding Limited operates in the construction materials industry, primarily focusing on the production and supply of ready-mixed commercial concrete products. The company is affected by market conditions in the People’s Republic of China, particularly in the real estate and construction sectors.
Average Trading Volume: 275,722
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$95.97M
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