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The latest announcement is out from C Cheng Holdings Ltd. ( (HK:1486) ).
C Cheng Holdings Limited has announced a positive profit alert, expecting a net profit of not less than HK$50 million for the first half of 2025, compared to a net loss of approximately HK$12 million in the same period of 2024. This turnaround is attributed to a non-recurring income from the exercise of the Right of Use, increased profits from associates, and improved financial performance due to enhanced cost control measures and streamlined operational expenses.
More about C Cheng Holdings Ltd.
C Cheng Holdings Limited is incorporated in the Cayman Islands and operates in the architecture and engineering industry. The company, along with its subsidiaries, focuses on providing architectural and related services, with a market focus on Hong Kong.
Average Trading Volume: 200,894
Technical Sentiment Signal: Sell
Current Market Cap: HK$114.6M
See more insights into 1486 stock on TipRanks’ Stock Analysis page.