Sinomax Group (HKG:1418) expects to post a profit of no less than HK$30 million for the six months ended June 30, down from HK$74.2 million a year earlier, according to a Monday Hong Kong bourse filing.
Shares of the company were down over 19% in Tuesday's recent trade.
Sinomax attributed the decline primarily to weaker revenue amid ongoing global trade volatility and operational disruptions linked to US tariff policies. It expects to publish interim results by the end of August.
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