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Horizon Construction Development Limited ( (HK:9930) ) just unveiled an update.
Horizon Construction Development Limited reported a rise in equipment utilization and revenue growth for the first quarter of 2025, despite a seasonal loss in profit due to the Chinese New Year holiday. The company expanded its overseas operations, increasing its number of service outlets and focusing on optimizing its asset structure and capital expenditure. The strategic shift towards overseas markets and prudent financial management are expected to enhance the company’s return on assets and create value for shareholders.
More about Horizon Construction Development Limited
Horizon Construction Development Limited, incorporated in the Cayman Islands, operates in the construction industry with a focus on equipment utilization and asset management. The company provides construction services and equipment, with a significant market presence in both domestic and overseas markets.
YTD Price Performance: -27.21%
Average Trading Volume: 747,982
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.17B
Find detailed analytics on 9930 stock on TipRanks’ Stock Analysis page.