Travel Expert (Asia) Issues Profit Warning Amid Rising Costs and Market Challenges
Travel Expert (Asia) Enterprises Limited has issued a profit warning, expecting a loss of up to HK$0.5 million for the six months ending September 2025, compared to a profit of HK$3.0 million in 2024. The downturn is due to increased costs and decreased revenue from travel products amid negative market sentiment. The company is focused on expanding business channels and enhancing its brand image.
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An update from Travel Expert (Asia) Enterprises Limited ( (HK:1235) ) is now available.
Travel Expert (Asia) Enterprises Limited has issued a profit warning, indicating an expected loss of up to HK$0.5 million for the six months ending September 2025, compared to a profit of HK$3.0 million for the same period in 2024. This downturn is attributed to increased rental and staff costs due to business expansion, higher consultancy fees for back-office projects, and decreased revenue from travel products following negative market sentiment due to earthquake rumors in Japan. The company remains committed to expanding its business channels and enhancing its brand image.
More about Travel Expert (Asia) Enterprises Limited
Travel Expert (Asia) Enterprises Limited is a company incorporated in the Cayman Islands, focusing on the travel industry. It offers travel-related products and services, with a market focus on expanding business channels and enhancing brand image to strengthen competitive advantages.
Average Trading Volume: 229,193
Technical Sentiment Signal: Buy
Current Market Cap: HK$86.68M
For an in-depth examination of 1235 stock, go to TipRanks’ Overview page.
