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Kingland Group Holdings Limited ( (HK:1751) ) has provided an update.
Kingland Group Holdings Limited has issued a profit warning, indicating a projected net loss of at least HK$4 million for the first half of 2025, compared to a profit of approximately HK$9.8 million in the same period of 2024. This downturn is attributed to a significant decrease in revenue and gross profit margin, primarily due to delays in project progress. The company’s interim results are still being finalized, and the figures are based on unaudited management accounts, suggesting potential changes upon auditor review.
More about Kingland Group Holdings Limited
Average Trading Volume: 2,644,509
Technical Sentiment Signal: Sell
Current Market Cap: HK$94.35M
For an in-depth examination of 1751 stock, go to TipRanks’ Overview page.