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Easyknit International Reports Significant Reduction in Net Loss

Story Highlights
  • Easyknit International expects a significant reduction in net loss for the period ending September 2025.
  • The reduction is due to decreased write-downs and losses, despite some offsetting factors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Easyknit International Reports Significant Reduction in Net Loss

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Easyknit International Holdings Ltd ( (HK:1218) ) has issued an announcement.

Easyknit International Holdings Ltd announced a significant reduction in its net loss for the six months ending September 2025, expecting it to narrow to no more than HK$110 million compared to HK$709.5 million in the same period in 2024. This improvement is attributed to a decrease in write-downs on properties and losses from discontinued operations, although partially offset by increased losses on investment properties and decreased gains from acquisitions.

The most recent analyst rating on (HK:1218) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Easyknit International Holdings Ltd stock, see the HK:1218 Stock Forecast page.

More about Easyknit International Holdings Ltd

Easyknit International Holdings Ltd is a company incorporated in Bermuda, operating in the real estate industry. The company focuses on property development and sales, with a market presence in Hong Kong.

Average Trading Volume: 68,830

Technical Sentiment Signal: Buy

Current Market Cap: HK$223.4M

Learn more about 1218 stock on TipRanks’ Stock Analysis page.

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