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The latest update is out from Zonqing Environmental Limited ( (HK:1855) ).
Zonqing Environmental Limited has issued a profit warning for the fiscal year 2024, anticipating a significant decrease in profit after taxation compared to the previous year. This decline is attributed to delays in government construction projects and increased expenses from the company’s strategic expansion efforts. Stakeholders are advised to exercise caution as the final audited results, expected in late March 2025, may differ from the preliminary figures.
More about Zonqing Environmental Limited
Zonqing Environmental Limited is a company incorporated in the Cayman Islands, focusing on environmental services and solutions. It operates primarily in the construction sector, dealing with projects that are often government-related.
YTD Price Performance: 14.14%
Average Trading Volume: 942,517
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$6.62B
Find detailed analytics on 1855 stock on TipRanks’ Stock Analysis page.