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The latest announcement is out from C.banner International Holdings Ltd. ( (HK:1028) ).
C.banner International Holdings Limited has issued a profit warning, indicating an expected net loss of approximately RMB140-145 million for the first half of 2025, compared to a profit in the same period in 2024. This anticipated loss is primarily due to an impairment loss related to trade debt and decreased revenue from its fashion footwear business, affected by tariffs and weak consumer demand.
More about C.banner International Holdings Ltd.
C.banner International Holdings Limited is a company incorporated in Bermuda and operates in the fashion footwear industry. The company focuses on the production and sale of fashion footwear, with a market presence that is influenced by tariffs and domestic consumer demand.
Average Trading Volume: 261,152
Technical Sentiment Signal: Hold
Current Market Cap: HK$427.9M
For a thorough assessment of 1028 stock, go to TipRanks’ Stock Analysis page.