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The latest announcement is out from Global New Material International Holdings Limited ( (HK:6616) ).
Global New Material International Holdings Limited reported its interim results for the first half of 2025, showing a revenue increase of 17.7% to approximately RMB912.0 million compared to the same period in 2024. Despite the revenue growth and an improved gross profit margin of 52.0%, the company experienced a significant decline in profit, with a 31.1% decrease in profit for the period and a 41.9% decrease in profit attributable to owners, primarily due to increased finance costs. The board decided not to declare any interim dividend for the period.
The most recent analyst rating on (HK:6616) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Global New Material International Holdings Limited stock, see the HK:6616 Stock Forecast page.
More about Global New Material International Holdings Limited
Global New Material International Holdings Limited is a company incorporated in the Cayman Islands, focusing on the production and distribution of new materials. The company operates in the materials industry, providing innovative solutions and products to its market.
Average Trading Volume: 10,054,465
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.98B
For an in-depth examination of 6616 stock, go to TipRanks’ Overview page.