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Dynasty Fine Wines cites “weak demand” in China for profit warning
Yahoo Finance· 2026-03-17 20:38
Hong Kong-listed Dynasty Fine Wines Group has pointed to weak consumer demand in China after warning its profits slumped by more than 50% last year. Dynasty Fine Wines expects to book a consolidated profit attributable to the owners of the company for 2025 in the range of around HK$11.7m to HK$15m (US$1.5m to US$1.9m) The result would mean the group’s profit dropped by 55-65% compared to 2024. In a stock-exchange filing, Dynasty Fine Wines said it expects to record revenue of HK$168m to HK$175m, which ...