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An announcement from Mokingran Jewellery Group Co Ltd Class H ( (HK:2585) ) is now available.
Mokingran Jewellery Group Co., Ltd. has issued a profit warning for the first half of 2025, despite reporting an increase in total and overseas revenue. The company expects to incur a significant loss due to increased losses in Au(T+D) contracts and gold loans, attributed to rising gold prices. The company plans to implement measures to mitigate the impact of fluctuating gold prices and strengthen its internal controls.
More about Mokingran Jewellery Group Co Ltd Class H
Mokingran Jewellery Group Co., Ltd. is a joint stock company based in the People’s Republic of China, primarily engaged in the jewellery industry. The company focuses on the production and sale of gold jewellery products, with a market presence both domestically and overseas.
Average Trading Volume: 173,346
Technical Sentiment Signal: Strong Sell
For a thorough assessment of 2585 stock, go to TipRanks’ Stock Analysis page.