TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hong Kong Resources Holdings Co. Ltd. ( (HK:2882) ) has shared an update.
Hong Kong Resources Holdings Co. Ltd. reported an 18% increase in revenue to HK$712 million for the nine months ending March 31, 2025, compared to the previous year. Despite this revenue growth, the company faced a 25% increase in operating loss to HK$164 million due to hedging losses from rising gold prices. However, excluding these losses, the company achieved an operating profit of HK$6 million. Notably, the company’s operations in Mainland China turned profitable, marking a significant turnaround from previous losses.
More about Hong Kong Resources Holdings Co. Ltd.
Average Trading Volume: 79,577
Technical Sentiment Signal: Hold
Current Market Cap: HK$142.9M
For an in-depth examination of 2882 stock, go to TipRanks’ Overview page.