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The latest announcement is out from Easyknit International Holdings Ltd ( (HK:1218) ).
Easyknit International Holdings Limited has issued a profit warning, anticipating a significant increase in its consolidated net loss for the year ending March 31, 2025, compared to the previous year. The expected loss of not less than HK$700 million is primarily due to the loss on deemed disposal of subsidiaries, although partially offset by gains in other areas. Stakeholders are advised to exercise caution as the company finalizes its annual results, which are expected to be released by June 30, 2025.
More about Easyknit International Holdings Ltd
Easyknit International Holdings Limited is a company incorporated in Bermuda, primarily engaged in property investment and development. It operates in the real estate sector, focusing on investment properties and properties held for sale.
Average Trading Volume: 54,213
Technical Sentiment Signal: Sell
Current Market Cap: HK$165M
Learn more about 1218 stock on TipRanks’ Stock Analysis page.