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Shuanghua Holdings Ltd. ( (HK:1241) ) has provided an announcement.
Shuanghua Holdings Ltd. has issued a profit warning, indicating a significant decrease in revenue for the first half of 2025, primarily due to a downturn in China’s economy affecting consumer spending. Despite the revenue drop, the company expects a reduced net loss after tax, attributed to the reversal of impairment loss on trade receivables. The company is proactively adjusting its product and service portfolio to manage costs and risks in response to changing market conditions.
More about Shuanghua Holdings Ltd.
Shuanghua Holdings Ltd. is a company incorporated in the Cayman Islands, operating in an industry affected by economic downturns in China. The company and its subsidiaries focus on providing products and services that are sensitive to consumer spending and market demand fluctuations.
Average Trading Volume: 589,875
Technical Sentiment Signal: Buy
Current Market Cap: HK$113.7M
For a thorough assessment of 1241 stock, go to TipRanks’ Stock Analysis page.