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Chow Sang Sang Holdings International ( (HK:0116) ) just unveiled an update.
Chow Sang Sang Holdings International Limited announced an expected profit increase for the six months ending June 30, 2025, with profits projected between HKD900 million and HKD920 million, up from HKD502 million in the same period in 2024. This increase is attributed to higher gross profit margins from gold sales due to rising gold prices and cost reductions from store network rationalization and other measures, indicating a positive impact on the company’s operations and market positioning.
The most recent analyst rating on (HK:0116) stock is a Buy with a HK$14.80 price target. To see the full list of analyst forecasts on Chow Sang Sang Holdings International stock, see the HK:0116 Stock Forecast page.
More about Chow Sang Sang Holdings International
Chow Sang Sang Holdings International Limited is a company incorporated in Bermuda, primarily engaged in the jewelry industry. The company, along with its subsidiaries, focuses on the sale of gold items, leveraging market trends to enhance profitability.
Average Trading Volume: 1,006,450
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.93B
Learn more about 0116 stock on TipRanks’ Stock Analysis page.