Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
JiaChen Holding Group Limited ( (HK:1937) ) has shared an announcement.
JiaChen Holding Group Limited has issued a profit warning, anticipating a net loss of at least RMB1 million for the first half of 2025, a significant downturn from a RMB9 million profit in the same period of 2024. This decline is attributed to a 20% drop in sales revenue, a reduction in gross profit margin, and an increase in impairment of contract assets and receivables, reflecting the ongoing economic slowdown in the commercial building construction industry.
The most recent analyst rating on (HK:1937) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JiaChen Holding Group Limited stock, see the HK:1937 Stock Forecast page.
More about JiaChen Holding Group Limited
JiaChen Holding Group Limited is a company incorporated in the Cayman Islands, operating within the commercial building construction industry. The company, along with its subsidiaries, focuses on providing services and products related to this sector.
Average Trading Volume: 284,836
Technical Sentiment Signal: Sell
Current Market Cap: HK$260M
See more data about 1937 stock on TipRanks’ Stock Analysis page.