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The latest announcement is out from Pacific Millennium Packaging Group Corp. ( (HK:1820) ).
Pacific Millennium Packaging Group Corporation has issued a profit warning, indicating an expected net loss of up to RMB25.0 million for the six months ending June 2025, compared to a loss of HK$15.3 million in the same period the previous year. The increased loss is attributed to a drop in product unit prices and higher operating costs from new production facilities. Despite these challenges, the company does not foresee a significant adverse impact on its overall operations and cash flows.
More about Pacific Millennium Packaging Group Corp.
Pacific Millennium Packaging Group Corporation is a company incorporated in the Cayman Islands, operating in the packaging industry. It focuses on producing packaging solutions, with recent expansions including new production plants in Huzhou and Wuhan.
Average Trading Volume: 27,169
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.06B
For detailed information about 1820 stock, go to TipRanks’ Stock Analysis page.