Shengnou Group (01418.HK) issued a profit warning, expecting that the net profit for the first half of the year will decrease to no less than HK$30 million.

Zhitong Finance News, Shengnuo Group (01418.HK) announced that the Group is expected to achieve a net profit of not less than 30 million Hong Kong dollars for the six months ending on June 30, 2025, while a net profit of approximately 74.20 million Hong Kong dollars was achieved for the six months ending on June 30, 2024. This is mainly due to global trade fluctuations under the US tariff policy leading to a decrease in revenue. The tariffs have not only severely disrupted Sino-US trade, but also affected the global supply chain, leading to increased uncertainty in production and logistics, as well as operational interruptions.