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The latest update is out from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ).
Shenzhen Pagoda Industrial (Group) Corp. Ltd. has issued a profit warning for the first half of 2025, expecting a significant loss of RMB330 million to RMB380 million, compared to a profit in the same period of 2024. The company’s revenue is also expected to decrease by up to 25%. This downturn is attributed to strategic transformations aimed at optimizing product mix and store network, which include closing underperforming stores and incurring one-off non-cash expenses. Despite short-term financial impacts, the company anticipates improved store quality, increased customer flow, and stabilizing sales, with plans to expand product categories and enhance store profitability.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
Shenzhen Pagoda Industrial (Group) Corp. Ltd. is a company based in the People’s Republic of China, primarily engaged in the fruit industry. It focuses on providing high-quality and cost-effective fruit products, optimizing its store network, and enhancing operational efficiency to meet consumer demands.
Average Trading Volume: 6,377,946
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.12B
For an in-depth examination of 2411 stock, go to TipRanks’ Overview page.