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Da Ming International Holdings Limited ( (HK:1090) ) has provided an update.
Da Ming International Holdings Limited announced its interim results for the six months ending June 30, 2025, reporting a 7% decrease in revenue compared to the same period in 2024, while gross profit increased by 7.6%. Despite the revenue drop, the company achieved a significant 141.6% increase in total comprehensive income, indicating improved efficiency and cost management. The sales and processing volumes for both stainless and carbon steel showed modest growth, highlighting the company’s resilience in a challenging market environment.
The most recent analyst rating on (HK:1090) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Da Ming International Holdings Limited stock, see the HK:1090 Stock Forecast page.
More about Da Ming International Holdings Limited
Da Ming International Holdings Limited, incorporated in the Cayman Islands, operates in the steel industry, focusing on the processing and sales of stainless and carbon steel. The company is listed on the Hong Kong Stock Exchange and caters to various market demands through its extensive processing capabilities.
Average Trading Volume: 265,031
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.01B
For a thorough assessment of 1090 stock, go to TipRanks’ Stock Analysis page.