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PanAsialum Holdings Co. Ltd. ( (HK:2078) ) has shared an update.
PanAsialum Holdings Co. Ltd. has issued a profit warning, indicating a significant financial downturn. The company expects to report a loss of approximately HK$26.6 million for the first half of 2025, a stark contrast to the HK$5.9 million profit recorded in the same period of 2024. This negative shift is attributed to a substantial decline in revenue, from HK$433.9 million to HK$242.8 million, driven by geopolitical tensions, changing trade policies, and a sluggish economic recovery in key markets. Additionally, the gross profit margin fell from 17.2% to 11.8%, exacerbated by lower order volumes and increased production costs. Stakeholders are advised to exercise caution as the final financial results may differ from preliminary estimates.
More about PanAsialum Holdings Co. Ltd.
Average Trading Volume: 59,571
Technical Sentiment Signal: Buy
Current Market Cap: HK$151.1M
For an in-depth examination of 2078 stock, go to TipRanks’ Overview page.