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Shun Wo Group Holdings Ltd. ( (HK:1591) ) has provided an announcement.
Shun Wo Group Holdings Limited has issued a profit warning, anticipating a significant increase in net loss for the six months ending September 2025, compared to the same period in 2024. The increase in net loss is attributed to intense competition in the foundation industry, reduced income from bank deposits and project management fees, higher impairment losses, and increased administrative expenses.
More about Shun Wo Group Holdings Ltd.
Shun Wo Group Holdings Limited is involved in the foundation industry, providing services related to construction and infrastructure. The company operates in a highly competitive market, which affects its profit margins.
Average Trading Volume: 921,869
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$54M
See more data about 1591 stock on TipRanks’ Stock Analysis page.