The Enz Group Holdings (01480.HK) issued a profit warning, expecting a year-on-year decline of about 70% to 80% in net profit for the first half of the year.
Wisdom Financial News App News, Enda Group Holdings (01480.HK) announced that the company expects the group's net profit for the six months ended June 30, 2025 to decrease by approximately 70% to 80% compared to the same period in 2024, with a decrease of about 32.8 million Hong Kong dollars. The expected decline is mainly due to the continued uncertainty in global trade policies leading to a slowdown in the global economy; continued severe internal competition in the PCB market in 2025 with prices remaining highly competitive, resulting in a decrease in the number of sales orders and average selling prices, negatively impacting the group's earnings; and rising raw material costs and other production costs during this period, further reducing the group's gross profit margin.
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