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Aowei Holding Limited ( (HK:1370) ) has issued an announcement.
Aowei Holding Limited reported a significant decline in its financial performance for the six months ended June 30, 2025. The company’s revenue decreased by 15.6% to approximately RMB273.1 million, while its gross profit plummeted by 89.7% to RMB4.8 million. The loss attributable to equity shareholders widened to RMB75.6 million, compared to RMB50.6 million in the same period last year. The company also announced that no interim dividend would be paid for the reporting period, reflecting the challenging financial environment and its impact on stakeholders.
The most recent analyst rating on (HK:1370) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Aowei Holding Limited stock, see the HK:1370 Stock Forecast page.
More about Aowei Holding Limited
Aowei Holding Limited is a company incorporated in the British Virgin Islands and continued in the Cayman Islands with limited liability. It operates within the financial sector and is listed on the Hong Kong Stock Exchange under the stock code 1370.
Average Trading Volume: 350,171
Technical Sentiment Signal: Sell
Current Market Cap: HK$433.4M
Learn more about 1370 stock on TipRanks’ Stock Analysis page.