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Zhou Hei Ya Forecasts Lower Profits in 2024

Zhou Hei Ya Forecasts Lower Profits in 2024

Zhou Hei Ya International Holdings Company Limited (HK:1458) has released an update.

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Zhou Hei Ya International Holdings Company Limited has issued a profit warning, expecting a decrease in total revenue and net profit for the first half of 2024 compared to the same period in 2023, primarily due to sluggish consumer demand and increased operating costs. The company is focusing on refining its retail strategy and controlling costs to promote high-quality growth. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

For further insights into HK:1458 stock, check out TipRanks’ Stock Analysis page.

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