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An announcement from China Silver Group Ltd. ( (HK:0815) ) is now available.
China Silver Group Ltd. has issued a positive profit alert, expecting a significant increase in net profit for the first half of 2025, ranging from RMB50 million to RMB60 million, compared to RMB20.6 million in the same period of 2024. This growth is primarily driven by a substantial rise in gold product sales and increased gold prices, enhancing the gross profit margin of its New Jewellery Retail segment. Additionally, the disposal of its Fresh Food Retail segment contributed to the profit increase, although share option expenses partially offset these gains.
More about China Silver Group Ltd.
China Silver Group Ltd. operates in the jewelry industry, primarily focusing on the retail of gold products through its subsidiary, Mount Everest Gold Group Company Limited. The company recently disposed of its Fresh Food Retail segment to streamline its operations.
Average Trading Volume: 67,370,424
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.07B
Learn more about 0815 stock on TipRanks’ Stock Analysis page.