An update from Ju Teng International Holdings Limited ( (HK:3336) ) is now available.
Ju Teng International Holdings Limited has issued a profit warning, indicating an expected increase in loss for the year ending December 2024, with a projected loss of approximately HK$530 million. This increase is attributed to a 13% decrease in sales revenue due to weak demand and a shift of production lines to Southeast Asia, as well as low utilization rates of production capacity leading to a significant rise in impairment of property, plant, and equipment.
More about Ju Teng International Holdings Limited
Ju Teng International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the production of notebook computer casings. The company operates within the electronics manufacturing industry, focusing on providing production capacities for major notebook computer brand manufacturers.
YTD Price Performance: 145.00%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €178.5M
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