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OneForce Holdings Issues Profit Warning Amid Revenue Decline

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OneForce Holdings Issues Profit Warning Amid Revenue Decline

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OneForce Holdings Limited ( (HK:1933) ) has issued an update.

OneForce Holdings Limited has issued a profit warning, indicating a significant decrease in revenue and a shift from profit to loss for the financial year ending March 31, 2025. The company’s revenue is expected to drop to approximately RMB370 million to RMB380 million, compared to RMB490 million the previous year, with losses attributable to shareholders ranging from RMB37 million to RMB39 million. This downturn is attributed to fewer projects, intensified market competition, increased administrative expenses due to R&D investments, and higher impairment losses and financial costs. Despite these challenges, OneForce Holdings remains optimistic about future performance, focusing on R&D and talent development to enhance competitiveness and capitalize on opportunities in the energy internet and new infrastructure sectors in China.

More about OneForce Holdings Limited

OneForce Holdings Limited is a company incorporated in the Cayman Islands, operating within the technology and infrastructure sectors. The company focuses on the development of technology and products, particularly in the energy internet and new infrastructure markets in Mainland China.

Average Trading Volume: 119,360

Technical Sentiment Signal: Sell

Current Market Cap: HK$70.84M

See more data about 1933 stock on TipRanks’ Stock Analysis page.

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