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Fountain Set (Holdings) Limited ( (HK:0420) ) has provided an update.
Fountain Set (Holdings) Limited has issued a positive profit alert, indicating a significant turnaround in its financial performance for the first half of 2025. The company reported a profit of HK$30.7 million, a substantial improvement from a loss of HK$9.9 million in the same period of 2024. This positive shift is attributed to improved synergy between procurement and sales, strengthened cost control, and enhanced management practices. The company’s performance is influenced by market conditions, including cotton yarn prices and global economic developments.
More about Fountain Set (Holdings) Limited
Fountain Set (Holdings) Limited is a company incorporated in Hong Kong, operating in the textile industry. The company focuses on the production and sale of fabrics and textiles, serving a broad market with a focus on enhancing product quality and cost efficiency.
Average Trading Volume: 197,653
Technical Sentiment Signal: Buy
Current Market Cap: HK$759.5M
For detailed information about 0420 stock, go to TipRanks’ Stock Analysis page.