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Carry Wealth Holdings Limited ( (HK:0643) ) just unveiled an update.
Carry Wealth Holdings Limited reported a significant decline in revenue and gross profit for the first half of 2025, primarily due to reduced order volumes from key customers in the U.S. and Europe and macroeconomic challenges. The cessation of production at the Heshan facility and strategic shift to subcontractors in Southeast Asia have not yet mitigated the impact of inflationary pressures and decreased demand. The company maintained a conservative approach in its securities investment segment amid market volatility, resulting in no trading activity or fair value movement.
More about Carry Wealth Holdings Limited
Carry Wealth Holdings Limited operates in the garment manufacturing and trading industry, focusing on producing garment products for internationally renowned brand names. The company utilizes production facilities in Heshan, Mainland China, and engages overseas subcontractors. Additionally, it has a securities investment segment trading on the Hong Kong Stock Exchange.
Average Trading Volume: 5,057,884
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$485.9M
See more insights into 0643 stock on TipRanks’ Stock Analysis page.