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Luen Thai Holdings Limited Announces Profit Alert with Improved Financial Performance

Story Highlights
  • Luen Thai Holdings expects a profit for the first half of 2025, reversing a loss from 2024.
  • The improvement is due to cost controls, absence of non-recurring expenses, and reduced finance costs.
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Luen Thai Holdings Limited Announces Profit Alert with Improved Financial Performance

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Luen Thai Holdings Limited ( (HK:0311) ) has shared an announcement.

Luen Thai Holdings Limited has issued a profit alert indicating a significant improvement in its financial performance for the first half of 2025, expecting results to range from breakeven to a net profit of approximately US$0.5 million, compared to a net loss of US$9.7 million in the same period of 2024. This improvement is attributed to the absence of non-recurring expenses, enhanced gross profit margins, and reduced finance costs. However, the company remains cautious due to ongoing challenges such as the US reciprocal tariff policy, and plans to continue implementing cost control measures and strategic adjustments to navigate the uncertain market conditions.

More about Luen Thai Holdings Limited

Luen Thai Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing industry. The company, along with its subsidiaries, focuses on producing apparel and textile products, catering to a global market.

YTD Price Performance: -7.02%

Average Trading Volume: 73,200

Technical Sentiment Signal: Sell

Current Market Cap: HK$164.4M

Learn more about 0311 stock on TipRanks’ Stock Analysis page.

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