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Huayu Expressway Group Limited ( (HK:1823) ) has shared an announcement.
Huayu Expressway Group Limited has issued a profit warning, indicating a significant decline in revenue and a shift from profit to loss for the first half of 2025. This downturn is attributed to a substantial decrease in the sales of wine and liquors, driven by the continuous contraction of the consumer market in China. The company expects to report a revenue of approximately RMB72.0 million to RMB79.6 million, compared to RMB128.8 million in the same period of 2024, and a loss of RMB24.1 million to RMB26.6 million, compared to a profit of RMB14.0 million in the previous year.
More about Huayu Expressway Group Limited
Huayu Expressway Group Limited is a company incorporated in the Cayman Islands, primarily involved in the sale of wine and liquors. The company operates within the consumer market in the People’s Republic of China.
Average Trading Volume: 407,490
Technical Sentiment Signal: Buy
Current Market Cap: HK$420.9M
Learn more about 1823 stock on TipRanks’ Stock Analysis page.