Summi (Group) Holdings Limited Implements Financial Restructuring Measures
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Summi (Group) Holdings Limited has announced financial restructuring measures to address its financial challenges. These include negotiating with banks for extended repayment terms and reaching a preliminary restructuring agreement. The company is maintaining normal operations with suppliers and customers to ensure stability. The latest analyst rating for the stock is a Sell with a HK$1.00 price target. Summi focuses on financial management and investment to improve liquidity. The stock has a YTD price performance of -62.05% and a market cap of HK$165.2M.
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