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Neo Neon Holdings ( (HK:1868) ) just unveiled an update.
Neo-Neon Holdings Limited has issued a profit warning, indicating a significant decrease in expected profits for the first half of 2025 compared to the same period in 2024. The anticipated profit decline is attributed to increased material costs due to rising tariffs and freight expenses, as well as higher selling and distribution expenses driven by inflationary pressures on labor and sales costs.
More about Neo Neon Holdings
Neo-Neon Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the manufacturing and distribution of lighting products. The company operates in the lighting industry, focusing on providing innovative lighting solutions to various markets.
Average Trading Volume: 63,780
Current Market Cap: HK$775M
For a thorough assessment of 1868 stock, go to TipRanks’ Stock Analysis page.