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The latest announcement is out from SPT Energy Group ( (HK:1251) ).
SPT Energy Group Inc. has issued a profit warning, indicating an expected narrowing of its net loss for the first half of 2025 compared to the same period last year. The anticipated reduction in losses, estimated to be between RMB40 million to RMB60 million, is attributed to the company’s efforts in optimizing its business structure and reducing impairment losses on assets. Despite these improvements, the company acknowledges ongoing challenges in its operating markets, with customers continuing to cut costs and the industry remaining subdued.
More about SPT Energy Group
SPT Energy Group Inc. is a company incorporated in the Cayman Islands, primarily engaged in the energy sector. The company focuses on optimizing its business structure and implementing cost control measures to improve its financial performance.
YTD Price Performance: 98.40%
Average Trading Volume: 9,942,387
Technical Sentiment Signal: Buy
Current Market Cap: HK$488.5M
See more data about 1251 stock on TipRanks’ Stock Analysis page.