Straco: Business Update For 1Q2025.

20 May 2025 17:29

For the quarter under review, the Group reported a year-on-year shortfall of 12.1% in revenue compared to the corresponding period in 1Q 2024. The drop was mainly attributed to ongoing trade and tariff developments, which have led to increased caution among Chinese consumers. While the outlook for the remaining quarters is fraught with challenges, the Group is cautiously optimistic that further stimulus measures will be introduced to spur domestic consumption in China...

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Source: ShareInvestor Express