Integrated Waste Solutions Group Holdings Limited ( (HK:0923) ) has shared an announcement.
Integrated Waste Solutions Group Holdings Limited has issued a profit warning, indicating a significant increase in losses for the fiscal year ending March 2025. The anticipated loss, expected to rise by 95% to 104% compared to the previous year, is primarily due to impairment provisions related to its investments in hazardous waste treatment projects in Mainland China, which are suffering from adverse market conditions and intense competition.
More about Integrated Waste Solutions Group Holdings Limited
Integrated Waste Solutions Group Holdings Limited is a company incorporated in the Cayman Islands, focusing on waste management solutions. The company is involved in hazardous waste treatment projects, particularly in Mainland China, where it faces challenging market conditions.
YTD Price Performance: -25.00%
Average Trading Volume: 2,747,692
Technical Sentiment Signal: Hold
Current Market Cap: HK$72.35M
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