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Huaxi Holdings Co. Ltd. ( (HK:1689) ) has issued an announcement.
Huaxi Holdings Company Limited reported its interim financial results for the six months ending June 30, 2025. The company experienced a 4.9% increase in revenue to HK$65.70 million and a significant 120.3% rise in gross profit to HK$19.89 million. The operating loss decreased by 92.6% to HK$1.57 million, and the loss attributable to owners reduced by 89.0% to HK$2.30 million. Despite these improvements, the company did not propose an interim dividend for the period. These results indicate a positive turnaround in financial performance, suggesting improved operational efficiency and cost management, which may enhance the company’s market positioning and stakeholder confidence.
The most recent analyst rating on (HK:1689) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Huaxi Holdings Co. Ltd. stock, see the HK:1689 Stock Forecast page.
More about Huaxi Holdings Co. Ltd.
Huaxi Holdings Company Limited is incorporated in the Cayman Islands and operates with limited liability. The company is listed on the Hong Kong Stock Exchange under the stock code 1689. It is involved in various business operations, although specific industry details are not provided in the announcement.
Average Trading Volume: 345,250
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$350.7M
For detailed information about 1689 stock, go to TipRanks’ Stock Analysis page.