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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 drop in revenue and profit for the year ending December 31, 2024, compared to the previous year. Despite an increase in gross billing, the company’s revenue and profit have declined due to reduced account management fees and increased finance costs amidst intensifying competition. The company remains optimistic about the growing demand for its services and aims to maintain steady business growth.
More about Powerwin Tech Group Limited
Powerwin Tech Group Limited operates in the digital marketing industry, focusing on cross-border digital marketing and cross-border online-shop SaaS solutions.
YTD Price Performance: -7.27%
Average Trading Volume: 919,874
Technical Sentiment Consensus Rating: Buy
See more data about 2405 stock on TipRanks’ Stock Analysis page.