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JTF International Holdings Issues Profit Warning Amid Project Suspension

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JTF International Holdings Issues Profit Warning Amid Project Suspension

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JTF International Holdings Ltd. ( (HK:9689) ) has shared an announcement.

JTF International Holdings Limited has issued a profit warning, indicating a significant increase in losses for the first half of 2025 compared to the same period in 2024. The increased loss, expected to be around RMB5.5 million, is primarily due to the suspension of a project to upgrade the wharf berth capability at Zengcheng Oil Depot and the termination of the contract with the project’s lead contractor, resulting in substantial write-offs.

More about JTF International Holdings Ltd.

Average Trading Volume: 1,357,478

Technical Sentiment Signal: Buy

Current Market Cap: HK$423.2M

For an in-depth examination of 9689 stock, go to TipRanks’ Overview page.

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