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The latest update is out from Ritamix Global Limited ( (HK:1936) ).
Ritamix Global Limited has issued a supplementary announcement regarding a profit warning for the financial year. The company expects a decrease in profit attributable to equity owners, estimated between RM8.0 million and RM8.5 million, compared to RM11.4 million in the previous year. This adjustment is primarily due to an impairment adjustment reflecting changes in the fair value of unquoted equity shares and a decline in sales within its manufacturing business.
More about Ritamix Global Limited
Ritamix Global Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and is involved in the manufacturing sector, although specific products or services are not detailed in the announcement.
YTD Price Performance: -15.79%
Average Trading Volume: 268,695
Technical Sentiment Signal: Buy
Current Market Cap: HK$302.1M
For a thorough assessment of 1936 stock, go to TipRanks’ Stock Analysis page.