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Grand Ming Group Holdings Ltd. ( (HK:1271) ) has provided an update.
Grand Ming Group Holdings Limited reported a significant decline in revenue by 62.9% to $253.5 million for the six months ending September 30, 2025, compared to the same period in 2024. The company also recorded a loss of $26.1 million, contrasting with a profit of $52.6 million in the previous year, leading the Board to decide against declaring an interim dividend. This downturn reflects challenges in the market and may impact stakeholders’ confidence in the company’s financial stability.
The most recent analyst rating on (HK:1271) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Grand Ming Group Holdings Ltd. stock, see the HK:1271 Stock Forecast page.
More about Grand Ming Group Holdings Ltd.
Grand Ming Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction and property development industry. The company focuses on delivering high-quality residential and commercial properties, with a market presence in Hong Kong.
Average Trading Volume: 26,650
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.34B
See more insights into 1271 stock on TipRanks’ Stock Analysis page.