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An update from Stelux Holdings International Limited ( (HK:0084) ) is now available.
Stelux Holdings International Limited has issued a profit warning, indicating an expected consolidated net loss of no less than HK$100 million for the fiscal year ending March 31, 2025. This anticipated loss is a significant downturn from the previous year’s net profit of HK$473.2 million, which included a substantial gain from the disposal of a subsidiary and stock of watches. The expected loss is attributed to a non-cash impairment loss related to property revaluation and a 20% decline in revenues year-on-year. The company’s financial results for the year are still under review and subject to change, with final results expected to be published on June 24, 2025.
More about Stelux Holdings International Limited
Stelux Holdings International Limited is a company incorporated in Bermuda with limited liability, and it operates within the retail industry. The company and its subsidiaries are involved in the sale of watches and other related products, focusing on the Asian market.
Average Trading Volume: 120,730
Technical Sentiment Signal: Sell
Current Market Cap: HK$77.31M
See more insights into 0084 stock on TipRanks’ Stock Analysis page.
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