tiprankstipranks
Trending News
More News >

XiangXing International Issues Profit Warning for 2024

Story Highlights
XiangXing International Issues Profit Warning for 2024

Confident Investing Starts Here:

The latest update is out from XiangXing International Holding Limited ( (HK:1732) ).

XiangXing International Holding Limited has issued a profit warning for the year 2024, expecting a net loss of approximately RMB10.0 million compared to a net profit of RMB10.5 million in 2023. This anticipated loss is primarily due to increased impairment losses on trade and other receivables and impairment losses on property, plant, and equipment. The final results are subject to further review and will be announced by the end of March 2025.

More about XiangXing International Holding Limited

XiangXing International Holding Limited is a company incorporated in the Cayman Islands, and it operates with its subsidiaries. The company is listed on the Stock Exchange of Hong Kong Limited under the stock code 1732.

YTD Price Performance: 21.43%

Average Trading Volume: 2,844,074

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$108.8M

See more data about 1732 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1