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The latest announcement is out from Fountain Set (Holdings) Limited ( (HK:0420) ).
Fountain Set (Holdings) Limited reported its interim results for the six months ended June 30, 2025, showing a decrease in revenue compared to the previous year. Despite the drop in revenue, the company achieved a profit of HK$35.8 million, a significant improvement from the previous year’s loss. This turnaround is attributed to reduced distribution and selling expenses, as well as lower finance costs. The results indicate a positive shift in the company’s financial performance, which may enhance its positioning in the textile industry and provide reassurance to stakeholders.
The most recent analyst rating on (HK:0420) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Fountain Set (Holdings) Limited stock, see the HK:0420 Stock Forecast page.
More about Fountain Set (Holdings) Limited
Fountain Set (Holdings) Limited operates in the textile industry, focusing on the production and distribution of fabrics and textile products. The company is known for its comprehensive range of textile solutions and has a significant presence in the global market.
Average Trading Volume: 320,022
Technical Sentiment Signal: Buy
Current Market Cap: HK$796.3M
See more insights into 0420 stock on TipRanks’ Stock Analysis page.