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Tat Hong Equipment Service Issues Profit Warning Amid Economic Slowdown

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Tat Hong Equipment Service Issues Profit Warning Amid Economic Slowdown

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Tat Hong Equipment Service Co. Ltd. ( (HK:2153) ) has provided an update.

Tat Hong Equipment Service Co., Ltd. has issued a profit warning, anticipating a net loss between RMB50.0 million and RMB60.0 million for the six months ending September 30, 2025, compared to a loss of RMB36.2 million in the same period last year. This increase in net loss is attributed to a decline in revenue due to slower economic growth and a sluggish construction sector.

The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.

More about Tat Hong Equipment Service Co. Ltd.

Tat Hong Equipment Service Co., Ltd., incorporated in the Cayman Islands, operates in the construction equipment industry, focusing on providing equipment services. The company is listed on the Stock Exchange of Hong Kong Limited.

Average Trading Volume: 183,803

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.24B

For a thorough assessment of 2153 stock, go to TipRanks’ Stock Analysis page.

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