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Starjoy Wellness and Travel Issues Profit Warning Amid Economic Challenges

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Aoyuan Healthy Life Group Co. Ltd. ( (HK:3662) ) has shared an update.

Starjoy Wellness and Travel Company Limited, along with its subsidiaries, has issued a profit warning indicating a significant decline in profits for the year ended December 31, 2024. The company expects to record a profit of not less than RMB90.0 million, compared to approximately RMB157.1 million in the previous year. This decline is attributed to strategic business adjustments made in response to the ongoing impacts of the real estate market and economic downturn.

More about Aoyuan Healthy Life Group Co. Ltd.

YTD Price Performance: 14.58%

Average Trading Volume: 1,257,515

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$406.7M

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