HK Stock Market Move | GOLDEN THROAT (06896) fell over 20% after a profit warning, expecting a 40% year-on-year decline in net profit for the first half of the year due to increased selling expenses.
Jin Sangzi (06896) dropped over 20% following a profit warning. As of the time of reporting, it has decreased by 20.32%, trading at HKD 2.47, with a transaction volume of HKD 4.8375 million.
GOLDEN THROAT (06896) fell over 20% after the profit warning, and as of press time, it had dropped 20.32% to HKD 2.47, with a transaction volume of HKD 4.8375 million.
In terms of news, on the evening of August 20, GOLDEN THROAT issued a profit warning, expecting a decrease of approximately 43% in profit for the six months ending June 30, 2026, compared to the same period last year. The decline in profit is mainly due to increased sales expenses following the expansion of advertising, resulting in a decrease in the group's profit for the first half of 2026. The company expects to release its interim results by the end of August.
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