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Pegasus International Holdings Limited ( (HK:0676) ) has shared an update.
Pegasus International Holdings Limited announced that its footwear manufacturing and export business has been significantly impacted by increased tariffs imposed by the U.S. government on Chinese goods, leading to zero export revenue from January to April 2025. Despite these challenges, the company maintains a stable financial position through its property leasing business and has implemented a cost control plan to mitigate the impact. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
More about Pegasus International Holdings Limited
Pegasus International Holdings Limited is a company incorporated in Bermuda, primarily engaged in the manufacturing and export sales of footwear products. The company operates in the footwear industry and is listed on the Stock Exchange of Hong Kong Limited.
Average Trading Volume: 11,333
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$730.7M
For detailed information about 0676 stock, go to TipRanks’ Stock Analysis page.