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An update from Digital China Holdings ( (HK:0861) ) is now available.
Digital China Holdings Limited announced that its subsidiary, Digital China Information Service Company Ltd. (DCITS), expects to report a significant loss for the first half of 2025, ranging from RMB85 million to RMB112 million. This anticipated loss is attributed to increased overdue payments from customers, leading to a higher impairment provision for trade receivables. The financial results of DCITS, which is 39.92% owned by Digital China Holdings, are consolidated into the company’s financial statements. Stakeholders are advised to exercise caution when dealing with the company’s shares, as the previewed results are unaudited and may not reflect the overall financial position of Digital China Holdings.
The most recent analyst rating on (HK:0861) stock is a Buy with a HK$4.29 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
More about Digital China Holdings
Digital China Holdings Limited operates in the information technology industry, focusing on providing IT services and solutions. The company is involved in various sectors, including digital transformation and cloud computing, and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -4.51%
Average Trading Volume: 6,377,393
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.67B
For a thorough assessment of 0861 stock, go to TipRanks’ Stock Analysis page.