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An announcement from Ruichang International Holdings Ltd. ( (HK:1334) ) is now available.
Ruichang International Holdings Limited, listed on the Hong Kong Stock Exchange, has issued a profit warning for the first half of 2025. The company anticipates a net loss of approximately RMB38 million, contrasting with a net profit of RMB11.5 million in the same period the previous year. This downturn is attributed to decreased sales due to postponed orders, increased market competition affecting profit margins, and rising operational expenses. Stakeholders are advised to exercise caution as the financial results are still under preparation and subject to adjustments.
The most recent analyst rating on (HK:1334) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Ruichang International Holdings Ltd. stock, see the HK:1334 Stock Forecast page.
More about Ruichang International Holdings Ltd.
Average Trading Volume: 211,931
Technical Sentiment Signal: Strong Buy
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