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Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) just unveiled an update.
Jakota Capital (Holding) Group reported significant growth in its securities business revenue, reaching approximately HK$15.7 million, driven by improved trading sentiment and activity. The company has divested its fur business due to financial losses, allowing it to focus on more promising areas, resulting in a consolidated gross profit margin of approximately 74.0% for the interim period. Looking ahead, the company remains cautiously optimistic about growth opportunities in Hong Kong’s financial services sector, driven by digitalization and policy innovation.
The most recent analyst rating on (HK:1468) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Kingkey Financial International (Holdings) Ltd. stock, see the HK:1468 Stock Forecast page.
More about Kingkey Financial International (Holdings) Ltd.
Jakota Capital (Holding) Group, formerly known as Kingkey Financial International (Holdings) Limited, operates in the financial sector with a focus on securities and money lending services. The company is strategically expanding its securities business in response to increased market volumes and favorable sector momentum, while also maintaining a stable revenue stream from its money lending segment.
Average Trading Volume: 6,845,131
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$255.3M
See more insights into 1468 stock on TipRanks’ Stock Analysis page.