tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

G-Resources Group Projects Significant Profit Increase for H1 2025

Story Highlights
G-Resources Group Projects Significant Profit Increase for H1 2025

Claim 50% Off TipRanks Premium and Invest with Confidence

G-Resources Group ( (HK:1051) ) has issued an announcement.

G-Resources Group Limited has announced a positive profit alert for the first half of 2025, anticipating a net profit of approximately USD59 million, up from USD40 million in the same period of 2024. This increase is primarily due to significant fair value gains on financial assets and investments, despite a decrease in interest income. The company also experienced a rise in fee and commission income from its financial services business due to higher trading volumes.

More about G-Resources Group

G-Resources Group Limited is a company incorporated in Bermuda with a focus on financial services. The company is listed on the Stock Exchange of Hong Kong and engages in financial asset management and investment activities.

YTD Price Performance: 232.02%

Average Trading Volume: 778,913

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.55B

Find detailed analytics on 1051 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1