TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Tsit Wing International Holdings Limited ( (HK:2119) ) has shared an update.
Tsit Wing International Holdings Limited has issued a profit warning, anticipating a 30% to 35% decrease in profit for the first half of 2025 compared to the same period in 2024. This decline is attributed to the absence of a one-off asset disposal gain and increased procurement costs due to rising coffee bean prices, impacting the company’s financial performance and potentially affecting stakeholders.
More about Tsit Wing International Holdings Limited
Tsit Wing International Holdings Limited operates in the food and beverage industry, primarily focusing on the procurement and distribution of coffee and tea products. The company serves a diverse market, providing quality beverages to various sectors.
Average Trading Volume: 187,856
Technical Sentiment Signal: Buy
Current Market Cap: HK$454.1M
Find detailed analytics on 2119 stock on TipRanks’ Stock Analysis page.