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Sun Hing Printing Holdings Limited ( (HK:1975) ) just unveiled an announcement.
Sun Hing Printing Holdings Limited has issued a profit warning, expecting a decline in profit by at least 40% for the six months ending December 31, 2024, compared to the same period in 2023. This decrease is attributed to global economic slowdown and inflation, leading to reduced consumer spending on printing products, and despite some cost reductions, persistent fixed expenses and finance costs have impacted profitability.
More about Sun Hing Printing Holdings Limited
Sun Hing Printing Holdings Limited operates within the printing industry, specializing in printing and promotional products. The company focuses on providing high-quality printing solutions and services, catering to a diverse range of customers.
YTD Price Performance: 8.33%
Average Trading Volume: 106,941
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$187.2M
For detailed information about 1975 stock, go to TipRanks’ Stock Analysis page.