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An announcement from New Provenance Everlasting Holdings Limited ( (HK:2326) ) is now available.
New Provenance Everlasting Holdings Limited has issued a profit warning, indicating an expected increase in losses for the fiscal year ending March 31, 2025. The anticipated loss, ranging from HK$45 million to HK$50 million, is attributed to decreased revenue, reduced gross profit, inventory write-downs, and impairments on property, plant, and equipment. This marks a significant increase from the previous year’s loss of HK$30.782 million. Stakeholders are advised to exercise caution as the final results are yet to be audited.
More about New Provenance Everlasting Holdings Limited
Average Trading Volume: 551,951
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$210.8M
For an in-depth examination of 2326 stock, go to TipRanks’ Overview page.