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Hilong Holding Reports Decline in Interim Results and Announces Committee Changes

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Hilong Holding Reports Decline in Interim Results and Announces Committee Changes

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Hilong Holding Ltd. ( (HK:1623) ) has provided an announcement.

Hilong Holding Limited announced its interim results for the six months ended June 30, 2025, reporting a revenue of approximately RMB2,322.5 million, a decrease of 5.8% compared to the same period in 2024. The company also reported a significant drop in gross profit by 30.6%, leading to a decision not to declare any interim dividend. Additionally, changes in the Nomination Committee were made, with new appointments aimed at strengthening governance.

More about Hilong Holding Ltd.

Hilong Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in the oilfield equipment and services industry. The company focuses on providing comprehensive services and products for oilfield exploration and production, with a market presence in various regions.

Average Trading Volume: 7,220,649

Technical Sentiment Signal: Buy

Current Market Cap: HK$257.9M

See more data about 1623 stock on TipRanks’ Stock Analysis page.

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