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Powerwin Tech Group Limited ( (HK:2405) ) has provided an announcement.
Powerwin Tech Group Limited has issued a profit warning, indicating a significant decline in revenue and a shift from profit to loss for the six months ending June 30, 2025. The company attributes this downturn to reduced digital advertising budgets by customers due to global economic volatility and geopolitical uncertainties, increased bad debt provisions, and stagnant financial costs associated with their services.
More about Powerwin Tech Group Limited
Powerwin Tech Group Limited is a company incorporated in the Cayman Islands, operating in the digital marketing industry. The company focuses on providing standardized digital marketing services, with a market emphasis on digital advertising.
Average Trading Volume: 1,114,187
Technical Sentiment Signal: Sell
For an in-depth examination of 2405 stock, go to TipRanks’ Overview page.