tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Grand Ocean Reports Decline in H1 2025 Financial Performance

Story Highlights
Grand Ocean Reports Decline in H1 2025 Financial Performance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

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