POWERWIN TECH issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately USD 3.5 million to USD 4 million, a year-on-year turnaround from profit to loss
I'm PortAI, I can summarize articles.
POWERWIN TECH issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately USD 3.5 million to USD 4 million for the period ending June 30, 2025, with revenue of approximately USD 3 million to USD 3.5 million, a year-on-year decline. Revenue for the same period in 2024 was USD 7.4 million, with a profit attributable to shareholders of approximately USD 400,000. The board pointed out that global economic fluctuations and geopolitical uncertainties have led clients to cut digital advertising budgets, increase bad debt provisions, and financial costs have not significantly improved
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments