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The latest update is out from Carote Ltd ( (HK:2549) ).
Carote Ltd announced a decline in its interim financial results for the six months ending June 30, 2025, with total revenue falling by 12.4% compared to the previous year. The company’s branded business and ODM segments both experienced significant drops in revenue and gross profit, reflecting challenges in the market. Despite the downturn, the global kitchenware industry is experiencing growth driven by rising disposable incomes and trends towards sustainability and smart kitchen technologies. Carote Ltd’s focus on eco-friendly products positions it to potentially benefit from these industry trends, although current financial performance indicates operational challenges.
The most recent analyst rating on (HK:2549) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Carote Ltd stock, see the HK:2549 Stock Forecast page.
More about Carote Ltd
Carote Ltd is a company operating in the kitchenware industry, focusing on branded and ODM (Original Design Manufacturer) products. The company is involved in producing eco-friendly, non-toxic, and multifunctional kitchenware, aligning with market trends towards sustainability and smart technology integration.
Average Trading Volume: 591,258
Technical Sentiment Signal: Strong Sell
For an in-depth examination of 2549 stock, go to TipRanks’ Overview page.