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Kin Pang Holdings Ltd. ( (HK:1722) ) has shared an announcement.
Kin Pang Holdings Limited has announced a significant turnaround in its financial performance, expecting to record a net profit of approximately MOP0.4 million for the first half of 2025, compared to a net loss of MOP11.3 million in the same period in 2024. This improvement is attributed to an increase in gross profit margin and a reduction in administrative expenses and impairment loss, although offset by higher finance costs. The company advises caution to investors as the results are preliminary and subject to change.
More about Kin Pang Holdings Ltd.
Kin Pang Holdings Limited, incorporated in the Cayman Islands, operates in the building and ancillary services industry. The company focuses on projects that enhance infrastructure and related services, with a market presence in Hong Kong.
Average Trading Volume: 1,897,222
Technical Sentiment Signal: Hold
Current Market Cap: HK$71.5M
Learn more about 1722 stock on TipRanks’ Stock Analysis page.