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An announcement from Future Bright Holdings ( (HK:0703) ) is now available.
Future Bright Holdings Limited has announced a significant increase in profit for the first half of 2025, reporting an unaudited profit of HK$8.6 million compared to HK$0.5 million in the same period of 2024. This remarkable 1,620% increase is attributed to higher gross operating profits and reduced finance costs, driven by a 3% rise in turnover due to more visitors to Macau and Hong Kong. The company’s food and catering, food souvenir, and property investment businesses all contributed positively, despite a net fair value loss of HK$3.5 million on a key investment property.
More about Future Bright Holdings
Future Bright Holdings Limited operates in the food and catering industry, with a focus on food souvenirs and property investment. The company is engaged in the Macau and Hong Kong markets, leveraging increased visitor arrivals to these regions.
Average Trading Volume: 309,311
Technical Sentiment Signal: Buy
Current Market Cap: HK$127.1M
For a thorough assessment of 0703 stock, go to TipRanks’ Stock Analysis page.