TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Veson Holdings Limited ( (HK:1399) ) has provided an update.
Veson Holdings Limited has issued a profit warning, indicating a preliminary consolidated net loss of approximately RMB14.5 million for the first half of 2025, compared to a net profit of RMB5.5 million in the same period of 2024. Despite a 5% increase in sales volume of its ODM battery products, the company faced a decline in revenue due to lower selling prices and a significant rise in administrative expenses, which include employee benefits and R&D costs. The management views these expenses as investments for long-term growth in industrial design and AI applications.
More about Veson Holdings Limited
Veson Holdings Limited operates in the consumer electronics market, primarily focusing on the ODM business with a significant portion of its revenue derived from the smartphone segment.
Average Trading Volume: 165,471
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$203.8M
Find detailed analytics on 1399 stock on TipRanks’ Stock Analysis page.