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Vicon Holdings Limited ( (HK:3878) ) has provided an update.
Vicon Holdings Limited has issued a profit warning, indicating a significant decrease in profit after tax for the year ending March 2025, compared to the previous year. The expected decline of approximately 40.9% is attributed to the completion of high-value projects in the prior year, intense industry competition affecting new project margins, and the initial phases of new projects contributing less revenue.
More about Vicon Holdings Limited
Vicon Holdings Limited is a company incorporated in the Cayman Islands, focusing on construction projects. The company operates in a competitive industry where contract prices and project phases significantly impact financial outcomes.
Average Trading Volume: 457,407
Technical Sentiment Signal: Sell
Current Market Cap: HK$92.56M
For a thorough assessment of 3878 stock, go to TipRanks’ Stock Analysis page.