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The latest announcement is out from Sino Golf Holdings Limited ( (HK:0361) ).
Sino Golf Holdings Limited has issued a profit warning for the six months ending June 30, 2025, anticipating a loss of approximately HK$14.6 million, marking a 1,825% increase in losses compared to the same period in 2024. This significant downturn is attributed to the increased tariffs imposed by the United States on Chinese imports, which severely impacted the company’s sales as major customers either shifted orders or withheld shipments. Although a temporary reduction in tariffs provided some relief, the company still experienced a substantial drop in sales and financial performance.
More about Sino Golf Holdings Limited
Sino Golf Holdings Limited is a company incorporated in Bermuda, primarily engaged in the golf industry. The company focuses on the production and sale of golf equipment, with a significant portion of its business involving transactions with customers in the United States.
Average Trading Volume: 3,353,379
Technical Sentiment Signal: Buy
Current Market Cap: HK$270.5M
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