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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
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