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The latest update is out from YGM Trading Limited ( (HK:0375) ).
YGM Trading Limited has issued a profit warning, indicating an expected consolidated loss of up to HK$25 million for the fiscal year ending March 2025, a significant increase from the previous year’s loss of HK$5.1 million. The company attributes this increase to declining spending by Chinese tourists, economic weakness, impairment losses on intangible assets, and increased fair value loss on investment properties, highlighting challenges in the current economic climate.
More about YGM Trading Limited
YGM Trading Limited is a company incorporated in Hong Kong, operating in the trading industry with a focus on various consumer goods and services.
Average Trading Volume: 31,270
Technical Sentiment Signal: Sell
Current Market Cap: HK$149.3M
See more insights into 0375 stock on TipRanks’ Stock Analysis page.