Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Dongguang Chemical Ltd. ( (HK:1702) ) has issued an announcement.
Dongguang Chemical Ltd. reported its unaudited consolidated interim results for the six months ending June 30, 2025, showing a decrease in revenue and profit compared to the same period in 2024. The company’s revenue fell from RMB 1,337,234,000 to RMB 1,180,762,000, and profit decreased from RMB 89,795,000 to RMB 72,931,000. Despite these declines, the company managed to achieve a positive net gain in other income and a reduction in income tax expenses, which slightly mitigated the impact on its overall financial performance.
The most recent analyst rating on (HK:1702) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Dongguang Chemical Ltd. stock, see the HK:1702 Stock Forecast page.
More about Dongguang Chemical Ltd.
Dongguang Chemical Ltd. is a company incorporated in the Cayman Islands, operating in the chemical industry. It focuses on the production and distribution of chemical products.
Average Trading Volume: 6,285
Technical Sentiment Signal: Sell
Current Market Cap: HK$807.2M
For a thorough assessment of 1702 stock, go to TipRanks’ Stock Analysis page.