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Shenguan Holdings (Group) Limited ( (HK:0829) ) has provided an update.
Shenguan Holdings (Group) Limited has issued a profit warning, indicating an expected loss of RMB35.0 million to RMB43.0 million for the first half of 2025, compared to a profit in the same period last year. The decline is attributed to a challenging business environment, increased inventory write-offs due to new product trials, valuation losses on investment properties, and financial adjustments related to inter-company loans and dividend taxation between its Hong Kong and PRC subsidiaries.
More about Shenguan Holdings (Group) Limited
Shenguan Holdings (Group) Limited operates in the manufacturing industry, focusing on the production of collagen sausage casings. The company is known for its innovation in product development and expanding production capacity to meet market demands.
Average Trading Volume: 1,187,214
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.03B
See more data about 0829 stock on TipRanks’ Stock Analysis page.