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Times Universal Group Issues Profit Warning Amid Rising Costs

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Times Universal Group Issues Profit Warning Amid Rising Costs

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Times Universal Group Holdings ( (HK:2310) ) has shared an update.

Times Universal Group Holdings Limited has issued a profit warning, expecting a significant increase in losses for the first half of 2025, ranging between HK$4 million and HK$6 million, compared to HK$2.9 million in the same period in 2024. The increased losses are attributed to rising direct costs in their property management business, and stakeholders are advised to exercise caution when dealing with the company’s shares.

More about Times Universal Group Holdings

Times Universal Group Holdings Limited operates in the property management industry, focusing on services such as cleaning, staffing, electricity, and security.

Average Trading Volume: 1,668,956

Technical Sentiment Signal: Hold

Current Market Cap: HK$50.27M

For detailed information about 2310 stock, go to TipRanks’ Stock Analysis page.

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