Sun Hing Printing Holdings Limited (HK:1975) has released an update.
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Sun Hing Printing Holdings Limited anticipates a significant decline in profits, expecting a decrease of not less than 75% for the fiscal year ended June 30, 2024, compared to the previous year. The company attributes this downturn to macroeconomic challenges, fixed cost constraints, and increased market competition. Investors are urged to be cautious when dealing with the company’s shares.
For further insights into HK:1975 stock, check out TipRanks’ Stock Analysis page.