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An update from Lonking Holdings ( (HK:3339) ) is now available.
Lonking Holdings Limited has announced a significant increase in net profit for the first half of 2025, with figures expected to reach between RMB590 million and RMB665 million, marking a 29% to 45% rise compared to the previous year. This growth is attributed to the company’s strategic efforts in expanding its export business and improving product quality and cost control, leading to an enhanced gross profit margin.
The most recent analyst rating on (HK:3339) stock is a Hold with a HK$1.60 price target. To see the full list of analyst forecasts on Lonking Holdings stock, see the HK:3339 Stock Forecast page.
More about Lonking Holdings
Lonking Holdings Limited is a company incorporated in the Cayman Islands, operating in the heavy machinery industry. The company focuses on the production and sales of construction machinery, with a strong emphasis on developing its export product series and exploring overseas markets.
YTD Price Performance: 69.02%
Average Trading Volume: 8,346,966
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.23B
See more insights into 3339 stock on TipRanks’ Stock Analysis page.