tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Shun Ke Long Reports Improved Interim Financial Position Despite Revenue Decline

Story Highlights
China Shun Ke Long Reports Improved Interim Financial Position Despite Revenue Decline

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

China Shun Ke Long Holdings Limited ( (HK:0974) ) has shared an announcement.

China Shun Ke Long Holdings Limited announced its unaudited interim results for the six months ending June 30, 2025, reporting a 20.2% decrease in revenue and a significant reduction in loss by 82.5% compared to the same period in 2024. Despite the decline in revenue and gross profit, the company managed to improve its financial position by reducing total liabilities by 12.2%, indicating efforts to stabilize operations and potentially strengthen its market position.

The most recent analyst rating on (HK:0974) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Shun Ke Long Holdings Limited stock, see the HK:0974 Stock Forecast page.

More about China Shun Ke Long Holdings Limited

China Shun Ke Long Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in retail and wholesale operations. The company focuses on providing a range of consumer goods and services, catering to a diverse market.

Average Trading Volume: 165,185

Technical Sentiment Signal: Buy

Current Market Cap: HK$339.8M

Learn more about 0974 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1