tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Starjoy Wellness and Travel Issues Profit Warning Amid Strategic Adjustments

Story Highlights
  • Starjoy Wellness and Travel expects a profit decline for the first half of 2025.
  • The company is adjusting its business strategy due to market downturns and expects stabilization soon.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Starjoy Wellness and Travel Issues Profit Warning Amid Strategic Adjustments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Aoyuan Healthy Life Group Co. Ltd. ( (HK:3662) ) is now available.

Starjoy Wellness and Travel Company Limited, a company listed on the Hong Kong Stock Exchange, has issued a profit warning for the first half of 2025. The company expects a significant decline in profit, attributing this to strategic business adjustments in response to the real estate market downturn and economic conditions. These adjustments include withdrawing from unprofitable projects and recognizing impairment losses on goodwill. Despite these challenges, the company anticipates stabilization in its performance over the next one to two years.

The most recent analyst rating on (HK:3662) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Aoyuan Healthy Life Group Co. Ltd. stock, see the HK:3662 Stock Forecast page.

More about Aoyuan Healthy Life Group Co. Ltd.

Average Trading Volume: 423,890

Technical Sentiment Signal: Buy

Current Market Cap: HK$443M

Learn more about 3662 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1