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KangLi International Holdings Limited ( (HK:6890) ) has issued an update.
KangLi International Holdings Limited has issued a profit warning, indicating a significant expected decrease in net profit for the first half of 2025, with projections not exceeding RMB12 million compared to RMB62.2 million in the same period of 2024. This downturn is attributed to a decline in sales volume and selling prices, alongside a reduced gross profit margin due to increased production costs. The company’s financial results for the period are still being finalized and may be subject to adjustments.
More about KangLi International Holdings Limited
KangLi International Holdings Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries in a sector that involves the production and sale of various products. The company is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 49,052
Technical Sentiment Signal: Buy
Current Market Cap: HK$266.8M
For an in-depth examination of 6890 stock, go to TipRanks’ Overview page.