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Mayer Holdings Ltd. ( (HK:1116) ) has shared an announcement.
Huiyuan Cowins Technology Group Limited, listed on the Hong Kong Stock Exchange, has announced an expected net loss for the fiscal year ending June 30, 2025, ranging from RMB40.0 million to RMB60.0 million. This marks a significant downturn from the previous year’s restated profit of RMB140.0 million to RMB160.0 million. The loss is attributed to several factors, including share option expenses, a loss on the disposal of a subsidiary, reduced gross profit, and decreased government subsidies. The company is in the process of finalizing its annual results, which are anticipated to be released by the end of September 2025.
More about Mayer Holdings Ltd.
Average Trading Volume: 939,809
Technical Sentiment Signal: Sell
Current Market Cap: HK$520.1M
See more data about 1116 stock on TipRanks’ Stock Analysis page.