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An update from Virtual Mind Holding Company Limited ( (HK:1520) ) is now available.
Virtual Mind Holding Company Limited has issued a profit warning, indicating an expected increase in losses to at least HK$40 million for the first half of 2025, compared to a loss of approximately HK$28.4 million in the same period of 2024. The anticipated loss is attributed to share-based compensation, decreased revenue from apparel operations, and expenses related to the pre-development of new businesses, partially offset by a decrease in finance costs. The company advises caution to shareholders and potential investors as it finalizes its interim results, which are expected to be published by the end of August 2025.
The most recent analyst rating on (HK:1520) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Virtual Mind Holding Company Limited stock, see the HK:1520 Stock Forecast page.
More about Virtual Mind Holding Company Limited
Virtual Mind Holding Company Limited is a company incorporated in the Cayman Islands, operating in the apparel industry and exploring new business ventures.
Average Trading Volume: 10,771,010
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.48B
See more data about 1520 stock on TipRanks’ Stock Analysis page.