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Convenience Retail Asia Limited ( (HK:0831) ) has provided an announcement.
Convenience Retail Asia Limited expects profit attributable to shareholders for 2025 to rise by more than 40% from HK$23.9 million in 2024, based on preliminary unaudited figures. The improvement is mainly driven by the absence of non-recurring restructuring expenses linked to its Guangzhou retail bakery operations in 2024 and ongoing cost optimisation across its bakery and eyewear businesses.
Management cautioned that, despite the stronger earnings, the Hong Kong retail sector continues to face structural headwinds from changing spending habits and frequent outbound travel by local residents, prompting a conservative outlook. The company plans to release its full audited annual results for 2025 in March 2026, and advised shareholders and potential investors to exercise caution when dealing in its shares pending the final announcement.
The most recent analyst rating on (HK:0831) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Convenience Retail Asia Limited stock, see the HK:0831 Stock Forecast page.
More about Convenience Retail Asia Limited
Convenience Retail Asia Limited is a Hong Kong-listed retailer operating bakery and eyewear businesses, with a focus on the Hong Kong and Guangzhou consumer markets. The group competes in a challenging retail environment shaped by shifting consumer spending patterns and increased outbound travel by local residents, which affects domestic retail demand and store traffic.
Average Trading Volume: 508,779
Technical Sentiment Signal: Sell
Current Market Cap: HK$252.7M
Learn more about 0831 stock on TipRanks’ Stock Analysis page.