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Winshine Science Co., Ltd. Issues Profit Warning with Increased Losses

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Winshine Science Co., Ltd. Issues Profit Warning with Increased Losses

Elevate Your Investing Strategy:

The latest update is out from Winshine Science Co., Ltd. ( (HK:0209) ).

Winshine Science Co., Ltd. has issued a profit warning, indicating an expected loss of no less than HKD70 million for the year ending December 31, 2024. This represents a significant increase from the previous year’s loss of approximately HKD30 million, primarily due to reduced gross profit in its toys division and increased impairment loss on property, plant, and equipment.

More about Winshine Science Co., Ltd.

Winshine Science Co., Ltd. is a company incorporated in Bermuda, operating with limited liability. It is involved in the toys division and faces competitive market conditions.

YTD Price Performance: -0.59%

Average Trading Volume: 25,554

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$26.15M

For detailed information about 0209 stock, go to TipRanks’ Stock Analysis page.

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