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Rongzun International Holdings Issues Profit Warning Amid Rising Costs

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Rongzun International Holdings Issues Profit Warning Amid Rising Costs

Elevate Your Investing Strategy:

B & D Strategic Holdings Limited ( (HK:1780) ) has issued an update.

Rongzun International Holdings Group Limited has issued a profit warning, indicating an expected loss after taxation of between HK$9.5 million and HK$10.5 million for the year ending March 31, 2025. This anticipated loss is attributed primarily to increased subcontracting costs due to the complexity of projects in their alternation and addition work segment, slightly exceeding the previous year’s loss of HK$9.3 million.

More about B & D Strategic Holdings Limited

Rongzun International Holdings Group Limited, formerly known as B & D Strategic Holdings Limited, operates in the construction industry, focusing on alternation and addition work projects. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 189,204

Technical Sentiment Signal: Sell

Current Market Cap: HK$644.8M

See more insights into 1780 stock on TipRanks’ Stock Analysis page.

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