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Evergreen Products Group Ltd. ( (HK:1962) ) has shared an announcement.
Evergreen Products Group Limited reported a decline in its financial performance for the first half of 2025, with revenue dropping by 11.3% to HK$465.7 million and net profit decreasing by 21.1% to HK$18.8 million compared to the same period in 2024. The company attributed these declines to trade policy uncertainties and increased US tariffs affecting customer sentiment, leading to reduced order shipments, alongside higher distribution and selling expenses due to new overseas sales offices. Despite these challenges, the company declared an interim dividend of HK$2.0 cents per share, reflecting a lower payout ratio of 67.6% compared to the previous year.
The most recent analyst rating on (HK:1962) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Evergreen Products Group Ltd. stock, see the HK:1962 Stock Forecast page.
More about Evergreen Products Group Ltd.
Evergreen Products Group Limited is a company incorporated in the Cayman Islands, operating in the consumer goods industry. It is listed on the Stock Exchange of Hong Kong and focuses on the production and distribution of various products, with a market focus that includes expanding overseas sales.
Average Trading Volume: 450,941
Technical Sentiment Signal: Buy
Current Market Cap: HK$314.7M
See more insights into 1962 stock on TipRanks’ Stock Analysis page.