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An announcement from Grand Ocean Advanced Resources Co., Ltd. ( (HK:0065) ) is now available.
Grand Ocean Advanced Resources Co., Ltd. reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by 30.4% and gross profit decreasing by 28.6% compared to the same period in 2024. The company experienced a loss of approximately HK$8,115,000, with losses attributable to owners amounting to HK$9,703,000. Despite a slight improvement in gross profit margin, the board decided not to recommend an interim dividend, reflecting the challenging market conditions and financial pressures faced by the company.
The most recent analyst rating on (HK:0065) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Grand Ocean Advanced Resources Co., Ltd. stock, see the HK:0065 Stock Forecast page.
More about Grand Ocean Advanced Resources Co., Ltd.
Grand Ocean Advanced Resources Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the production and sale of resources. The company operates in the resource industry, focusing on delivering advanced resource solutions to its stakeholders.
Average Trading Volume: 453,078
Technical Sentiment Signal: Sell
Current Market Cap: HK$100.3M
For detailed information about 0065 stock, go to TipRanks’ Stock Analysis page.