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Cocoon Holdings Limited ( (HK:0428) ) just unveiled an update.
Cocoon Holdings Limited has announced a positive profit alert, expecting to record a net profit between HK$2.5 million and HK$3.5 million for the first half of 2025, compared to a net loss of HK$19.0 million in the same period of 2024. This financial turnaround is attributed to a decrease in net unrealized losses and an increase in net realized gains on the disposal of listed securities, reflecting improved performance of certain publicly traded securities held by the company.
More about Cocoon Holdings Limited
Cocoon Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the financial sector, focusing on investments in publicly traded securities.
Average Trading Volume: 1,440,754
Technical Sentiment Signal: Sell
Current Market Cap: HK$39.85M
See more insights into 0428 stock on TipRanks’ Stock Analysis page.