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DIT Group Limited Issues Profit Warning Amid Revenue Decline

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DIT Group Limited Issues Profit Warning Amid Revenue Decline

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DIT Group Limited ( (HK:0726) ) just unveiled an announcement.

DIT Group Limited has issued a profit warning, expecting a net loss of approximately HK$269 million for the first half of 2025, compared to a net loss of HK$170.5 million in the same period of 2024. This increased loss is attributed to a significant 78% decrease in revenue from its core business activities, lower plant capacity utilization, higher unit fixed costs, and increased provisions for bad debts, amid severe market conditions.

More about DIT Group Limited

DIT Group Limited is a company incorporated in Bermuda, operating in the construction industry with a focus on prefabricated construction units, decoration, and landscaping services.

Average Trading Volume: 372,515

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$210.9M

For detailed information about 0726 stock, go to TipRanks’ Stock Analysis page.

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