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Many Idea Cloud Holdings Limited ( (HK:6696) ) has issued an announcement.
Many Idea Cloud Holdings Limited, incorporated in the Cayman Islands, has issued a profit warning for the six months ended June 30, 2025. The company expects to report a net loss of no less than RMB 60 million, a significant decline from a net profit of approximately RMB 7.2 million for the same period in 2024. The anticipated loss is attributed to increased costs of sales, higher administrative expenses including research and development, and an increase in impairment losses on trade receivables and other financial assets. Stakeholders are advised to exercise caution when dealing in the company’s shares.
More about Many Idea Cloud Holdings Limited
Average Trading Volume: 1,535,442
Technical Sentiment Signal: Sell
For detailed information about 6696 stock, go to TipRanks’ Stock Analysis page.