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China High Speed Transmission Equipment Group Co ( (HK:0658) ) has provided an announcement.
China High Speed Transmission Equipment Group Co., Ltd. announced a significant reduction in its financial losses for the first half of 2025, reporting an expected loss of RMB136 million compared to RMB528.7 million in the same period last year. This improvement is attributed to the suspension of its trading business, which previously required substantial impairment provisions, and increased revenue from its wind and industrial gear transmission equipment segments.
The most recent analyst rating on (HK:0658) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China High Speed Transmission Equipment Group Co stock, see the HK:0658 Stock Forecast page.
More about China High Speed Transmission Equipment Group Co
China High Speed Transmission Equipment Group Co., Ltd. operates in the industrial sector, focusing on the production and distribution of wind and industrial gear transmission equipment. The company is known for its contributions to the renewable energy sector, particularly in wind power generation.
YTD Price Performance: 51.19%
Average Trading Volume: 1,405,156
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.08B
See more data about 0658 stock on TipRanks’ Stock Analysis page.