B & S International Holdings Ltd. (HK:1705) has released an update.
B & S International Holdings Ltd. has issued a profit warning, anticipating a 35% to 45% drop in net profit for the six months ending September 2024 compared to the previous year, due to a weakened consumer market in Hong Kong. The company plans to enhance product offerings and marketing strategies while implementing strict cost control measures to counter the challenging economic environment. Investors are advised to exercise caution as the company finalizes its unaudited financial results, expected to be announced by late November.
For further insights into HK:1705 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- 3 Penny Stocks to Watch Now, 11/12/24
- New York Times’ Striking Tech Guild Returns to Work as Negotiations Continue
- 23andMe Cuts 40% of Staff, Shutters Drug Development Ahead of Q2 Print
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
