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Chervon Holdings Limited ( (HK:2285) ) has shared an update.
Chervon Holdings Limited has issued a positive profit alert, expecting a significant increase in net profit for the first half of 2025, ranging from US$90 million to US$100 million, marking a 50% growth compared to the same period in 2024. This growth is attributed to increased revenue from its branded products, strong gross profit margins from its EGO products, favorable exchange rates, and a one-off gain from the disposal of Chervon (China) Investment Co., Ltd.
The most recent analyst rating on (HK:2285) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on Chervon Holdings Limited stock, see the HK:2285 Stock Forecast page.
More about Chervon Holdings Limited
Chervon Holdings Limited is a company incorporated in Hong Kong, operating in the power tools and outdoor power equipment industry. The company focuses on producing its own branded products, including the EGO line, which contributes to its strong market presence.
Average Trading Volume: 2,684,512
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.31B
See more data about 2285 stock on TipRanks’ Stock Analysis page.