Powerwin Tech Group (HKG:2405) expects an attributable loss of between $3.5 million and $4 million in the first half of 2025, compared with an attributable profit of $400,000 a year prior, a Wednesday filing with the Hong Kong bourse said.
The digital marketing services provider attributed the forecast to a decline in revenue, an increase in bad debt provisions for prudence's sake, and the absence of improvement in financial costs for standardized digital marketing services.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.