tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Legion Consortium Issues Profit Warning Amid Market Challenges

Story Highlights
Legion Consortium Issues Profit Warning Amid Market Challenges

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Legion Consortium Limited ( (HK:2129) ) has issued an announcement.

Legion Consortium Limited has issued a profit warning, expecting a loss of approximately S$1.57 million for the first half of 2025, compared to a profit of S$3.27 million in the same period last year. The anticipated loss is attributed to a decline in market demand, increased operational costs, reduced other income, and higher operating expenses, impacting the company’s profitability and market positioning.

More about Legion Consortium Limited

Legion Consortium Limited is a company incorporated in the Cayman Islands, operating in the logistics industry. It provides trucking and freight forwarding services, focusing on efficient logistics solutions.

Average Trading Volume: 664,098

Technical Sentiment Signal: Buy

Current Market Cap: HK$160M

For detailed information about 2129 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1