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Silver Tide Holdings Issues Profit Warning Amid Rising Costs

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Silver Tide Holdings Issues Profit Warning Amid Rising Costs

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Silver Tide Holdings Limited ( (HK:1943) ) has shared an update.

Silver Tide Holdings Limited has issued a profit warning, indicating a significant increase in net loss for the fiscal year ending March 31, 2025, compared to the previous year. The anticipated loss, ranging between HK$100 million to HK$105 million, is attributed to project cost overruns due to unexpected delays and increased administrative expenses, including discretionary staff bonuses.

More about Silver Tide Holdings Limited

Average Trading Volume: 7,638,314

Technical Sentiment Signal: Hold

Current Market Cap: HK$370M

For detailed information about 1943 stock, go to TipRanks’ Stock Analysis page.

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