tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Computime Group Issues Profit Warning Amid Strategic Investments

Story Highlights
  • Computime Group expects a significant profit decline for the first half of FY25/26.
  • Strategic investments aim to support sustainable long-term growth despite current profit decline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Computime Group Issues Profit Warning Amid Strategic Investments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Computime Group Limited ( (HK:0320) ).

Computime Group Limited has issued a profit warning, indicating an expected decline in profit attributable to shareholders by approximately 80% to 90% for the first half of FY25/26 compared to the same period last year. This decline is primarily due to the non-recurrence of a significant foreign exchange gain and strategic investments in business and technology development to address geopolitical risks and align with strategic priorities, which are expected to support sustainable long-term growth.

More about Computime Group Limited

Computime Group Limited, incorporated in the Cayman Islands, operates in the technology industry with a focus on business and technology development, and expanding its overseas manufacturing footprint.

Average Trading Volume: 291,864

Technical Sentiment Signal: Buy

Current Market Cap: HK$513.9M

Learn more about 0320 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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