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HK stocks abnormality | Huisen Stock (02127) fell nearly 3%, expected to lose about 0.25 to 0.35 billion yuan in the medium term.
Shares of Huisen (02127) fell nearly 3%, and as of press time, fell 2.78% to HKD 0.105, with a total turnover of HKD 0.8787 million.
Huisen Shares Group Anticipates Major Losses
Huison Technology (02127.HK) issues profit warning: expected loss of 0.25 billion yuan to 0.35 billion yuan in the first half of the year.
On July 31, GeLunHui reported that Huisen (02127.HK) expects to record a loss of approximately RMB 0.25 billion to RMB 0.35 billion for the six months ending June 30, 2024, while a profit of approximately RMB 0.16 billion was recorded for the six months ending June 30, 2023. The main reason for the group's loss for the fiscal year ending June 30, 2024 is due to the following factors: 1. Due to the continued low global economy and the impact of the home industry’s business revenue slide, the company's revenue decreased significantly, resulting in a decrease in revenue compared to the same period last year. 2. Affected by Sino-US trade tariffs.
Express News | Huisen Household International - Expected Result Due to Losses in H1 Due to Continuous Impact of Sino-US Trade Tariffs, Others
Express News | Huisen Household International Sees Loss Ranging From RMB250 Mln to RMB350 Mln for Six Months
HUISEN SHARES: PROFIT WARNING
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