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Asia Cassava Resources Holdings Limited ( (HK:0841) ) has shared an update.
Asia Cassava Resources Holdings Limited reported its unaudited consolidated results for the six months ending September 30, 2025, showing a significant improvement in financial performance compared to the previous year. The company achieved a gross profit of HK$93.7 million, up from HK$34 million in 2024, and a net profit of HK$9.2 million, reversing a loss of HK$15 million in the prior year. This positive shift is attributed to increased revenue and better cost management, despite challenges such as increased finance costs and selling expenses. The results indicate a strengthening position in the market, which could positively impact stakeholders.
The most recent analyst rating on (HK:0841) stock is a Hold with a HK$0.24 price target. To see the full list of analyst forecasts on Asia Cassava Resources Holdings Limited stock, see the HK:0841 Stock Forecast page.
More about Asia Cassava Resources Holdings Limited
Asia Cassava Resources Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the cassava industry. The company focuses on the production and distribution of cassava and related products, catering to various markets.
Average Trading Volume: 794,962
Technical Sentiment Signal: Buy
Current Market Cap: HK$138.6M
For detailed information about 0841 stock, go to TipRanks’ Stock Analysis page.