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An update from Powerwin Tech Group Limited ( (HK:2405) ) is now available.
Powerwin Tech Group Limited reported its unaudited consolidated interim results for the six months ending June 30, 2025, showing a significant decline in revenue from USD 7.368 million in 2024 to USD 3.250 million in 2025. The company also reported a loss of USD 3.758 million for the period, compared to a profit of USD 338,000 in the previous year. The decrease in revenue and the incurred loss are attributed to increased administrative expenses and expected credit losses on trade receivables, impacting the company’s financial performance and market positioning.
More about Powerwin Tech Group Limited
Powerwin Tech Group Limited is a company incorporated in the Cayman Islands, operating in the technology sector. The company is listed on the Hong Kong Stock Exchange and provides a range of technology-related products and services.
Average Trading Volume: 1,287,000
Technical Sentiment Signal: Sell
See more data about 2405 stock on TipRanks’ Stock Analysis page.