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HPC Holdings Ltd. ( (HK:1742) ) just unveiled an announcement.
HPC Holdings has issued a positive profit alert, indicating it expects to swing from an audited loss of about S$8.5 million for the year ended 31 October 2024 to an estimated profit after tax of approximately S$35.3 million for the year ended 31 October 2025, representing an improvement of roughly S$43.8 million. The turnaround is attributed mainly to a surge in revenue from on-time delivery of tight-schedule projects and a fair value gain arising from a bargaining purchase completed during the year, with the board stating that the group’s financial position remains sound with adequate reserves and liquidity, though the figures are preliminary and subject to audit.
The most recent analyst rating on (HK:1742) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on HPC Holdings Ltd. stock, see the HK:1742 Stock Forecast page.
More about HPC Holdings Ltd.
HPC Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates as a project‑based group that undertakes construction and related works, with performance tied closely to timely completion of contracted projects and active management of its asset portfolio.
Average Trading Volume: 1,650,267
Technical Sentiment Signal: Buy
Current Market Cap: HK$206.4M
See more data about 1742 stock on TipRanks’ Stock Analysis page.