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United Strength Power Holdings Ltd. ( (HK:2337) ) has provided an update.
United Strength Power Holdings Limited has issued a profit warning for the first half of 2025, anticipating a net loss between RMB5.0 million and RMB7.0 million, compared to a net profit of RMB27.9 million in the same period of 2024. This downturn is attributed to a decrease in sales volume and gross profit margin of petroleum products, driven by reduced market demand as more customers transition to new energy vehicles and a decline in average selling prices.
More about United Strength Power Holdings Ltd.
United Strength Power Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the petroleum industry. The company focuses on the sale of petroleum products, catering to a market that is experiencing a shift towards new energy vehicles.
Average Trading Volume: 612,671
Technical Sentiment Signal: Sell
Current Market Cap: HK$685.3M
For an in-depth examination of 2337 stock, go to TipRanks’ Overview page.