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Leoch International Technology Limited ( (HK:0842) ) has issued an announcement.
Leoch International Technology Limited has issued a profit warning for the first half of 2025, despite anticipating a 10% to 20% increase in revenue compared to the same period in 2024. The company expects a significant decrease in profit, ranging from 60% to 80%, due to increased costs from US import tariffs and delays in the commencement of production at their new factory in Mexico. These factors are expected to impact the company’s financial performance and stakeholder interests.
More about Leoch International Technology Limited
Leoch International Technology Limited is a company incorporated in the Cayman Islands, operating within the technology sector. The company and its subsidiaries focus on providing technological solutions and products, although specific details about their primary products or market focus are not provided in the announcement.
Average Trading Volume: 3,166,505
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.52B
For a thorough assessment of 0842 stock, go to TipRanks’ Stock Analysis page.