"Profit Warning" NEWTREND GROUP expects full-year profit to decrease by 60%-80%
NEWTREND GROUP (02573.HK) issued a profit warning, expecting that the profit for the fiscal year 2025 will decrease by 60%-80% compared to the previous year. This is mainly due to a decrease in net foreign exchange gains, as well as an increase in administrative expenses, credit impairment, and financial costs
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