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SiS Mobile Holdings Issues Profit Warning Amid Market Challenges

Story Highlights
  • SiS Mobile Holdings expects a net loss of HK$3.5 million for the first half of 2025.
  • The loss is due to a decline in gross profit margin from weak consumer market conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SiS Mobile Holdings Issues Profit Warning Amid Market Challenges

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An announcement from SiS Mobile Holdings Limited ( (HK:1362) ) is now available.

SiS Mobile Holdings Limited has issued a profit warning, indicating an expected net loss of approximately HK$3,500,000 for the first half of 2025, compared to a net profit of HK$4,140,000 in the same period of 2024. This anticipated loss is attributed to a decline in gross profit margin due to weak consumer market conditions in Hong Kong. Stakeholders are advised to exercise caution when dealing with the company’s shares.

More about SiS Mobile Holdings Limited

SiS Mobile Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the mobile phone industry. The company focuses on the distribution and sale of mobile handsets and related products, catering to the consumer market in Hong Kong.

Average Trading Volume: 85,947

Technical Sentiment Signal: Buy

Current Market Cap: HK$106.4M

Find detailed analytics on 1362 stock on TipRanks’ Stock Analysis page.

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