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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ling Yui Holdings Limited ( (HK:0784) ) has shared an update.
Ling Yui Holdings Limited has issued a profit warning, anticipating a loss of approximately HK$20 million for the year ended 31 March 2025, compared to a profit of HK$0.7 million the previous year. This downturn is attributed to intense competition reducing profit margins and a significant payment default by a customer, K.H. Foundations Limited. The company is finalizing its annual results, and stakeholders are advised to exercise caution.
More about Ling Yui Holdings Limited
Ling Yui Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the construction industry. The company is listed on the Stock Exchange of Hong Kong and faces intense competition within its market.
Average Trading Volume: 572,894
Technical Sentiment Signal: Sell
Current Market Cap: HK$40M
Find detailed analytics on 0784 stock on TipRanks’ Stock Analysis page.