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Best Food Holding Co. Ltd. ( (HK:1488) ) has issued an announcement.
Best Food Holding Company Limited reported a decrease in revenue and adjusted loss for the first half of 2025, attributed to fierce market competition and a slowdown in China’s catering industry. Despite these challenges, the company is adapting through strategic changes, such as leveraging food delivery platforms and introducing new menu items. The company is also expanding its brand presence through joint partnerships and store renovations, aiming to enhance competitiveness and cope with market pressures.
The most recent analyst rating on (HK:1488) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Best Food Holding Co. Ltd. stock, see the HK:1488 Stock Forecast page.
More about Best Food Holding Co. Ltd.
Best Food Holding Company Limited is engaged in the operation and investment in the food and beverage industry, managing over 10 brands. The company focuses on both owned and franchised restaurants, with a presence in various segments of the market including fast food, hot pot, and regional cuisines.
Average Trading Volume: 706,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.28B
For a thorough assessment of 1488 stock, go to TipRanks’ Stock Analysis page.