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Trigiant Group Ltd. ( (HK:1300) ) has issued an announcement.
Trigiant Group Ltd. has announced a significant decrease in its profits for the first half of 2025, with an expected profit of RMB25.0 million, down from RMB40.9 million in the same period of 2024. This 38.9% reduction is attributed to increased impairment losses due to aging trade receivables and a substantial decline in other income following the end of value-added tax credits concessions and reduced interest income. Stakeholders are advised to exercise caution as the financial figures are preliminary and subject to change.
More about Trigiant Group Ltd.
Trigiant Group Ltd. is a company incorporated in the Cayman Islands, primarily involved in the industry of manufacturing and providing products and services related to telecommunications and other technological sectors. The company is listed on the Hong Kong Stock Exchange and focuses on delivering innovative solutions to enhance communication infrastructure.
Average Trading Volume: 833,722
Technical Sentiment Signal: Sell
Current Market Cap: HK$591.2M
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