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Huijing Holdings Issues Profit Warning Amid Rising Deficit

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Huijing Holdings Issues Profit Warning Amid Rising Deficit

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Huijing Holdings Company Limited ( (HK:9968) ) has provided an update.

Huijing Holdings Company Limited has issued a profit warning, anticipating a significant increase in its total deficit to approximately RMB601.7 million for the first half of 2025, compared to RMB334.5 million at the end of 2024. This increase is attributed to a decline in gross profit margin due to changes in product and regional portfolios, foreign exchange losses, high finance costs, and income tax expenses. The company advises caution to shareholders and potential investors as it finalizes its financial results.

More about Huijing Holdings Company Limited

Huijing Holdings Company Limited, incorporated in the Cayman Islands, operates in the real estate industry, focusing on property development and sales. The company is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 24,471,714

Technical Sentiment Signal: Hold

Current Market Cap: HK$110.3M

For detailed information about 9968 stock, go to TipRanks’ Stock Analysis page.

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