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Hongkong Chinese Limited ( (HK:0655) ) has provided an announcement.
Hongkong Chinese Limited has issued a positive profit alert, indicating a significant turnaround in its financial performance for the first half of 2025. The company expects a consolidated profit of at least HK$190 million, a stark contrast to the HK$422 million loss recorded in the same period last year. This improvement is largely attributed to a provisional negative goodwill and reduced losses from equity-accounted investees. The announcement suggests a strengthened financial position for the company, potentially impacting its market perception and stakeholder confidence.
More about Hongkong Chinese Limited
Hongkong Chinese Limited, incorporated in Bermuda, operates in the financial sector, focusing on joint ventures and investments. It is listed on the Hong Kong Stock Exchange and has significant involvement with OUE Limited, a company listed on the Singapore Exchange.
Average Trading Volume: 938,169
Technical Sentiment Signal: Hold
Current Market Cap: HK$579.5M
Learn more about 0655 stock on TipRanks’ Stock Analysis page.