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An update from Ever Reach Group Holdings Co., Ltd. ( (HK:3616) ) is now available.
Ever Reach Group Holdings Co., Ltd. has issued a positive profit alert, indicating an expected revenue increase of 2.2% to 9.0% for the first half of 2025 compared to the same period in 2024, and a net profit ranging from RMB1.0 million to RMB5.0 million, a significant improvement from the previous year’s net loss. Despite challenging industry conditions, the company attributes this turnaround to effective cost management. However, trading of the company’s shares remains suspended since April 2024, pending fulfillment of resumption guidance.
More about Ever Reach Group Holdings Co., Ltd.
Ever Reach Group Holdings Co., Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is involved in various industries, although specific primary products or services and market focus are not detailed in the announcement.
Technical Sentiment Signal: Hold
Current Market Cap: HK$312M
See more insights into 3616 stock on TipRanks’ Stock Analysis page.