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Matrix Holdings Limited ( (HK:1005) ) just unveiled an update.
Matrix Holdings Limited reported its unaudited condensed consolidated interim results for the first half of 2025, showing a revenue increase to HK$238,025,000 from HK$194,250,000 in the same period of 2024. Despite the revenue growth, the company experienced a loss before tax of HK$11,644,000, a significant improvement from the HK$84,423,000 loss in the previous year. The comprehensive loss for the period was HK$35,326,000, compared to HK$95,644,000 in 2024, indicating a reduction in losses. The results reflect a challenging period with improvements in gross profit and reductions in distribution, selling, and administrative costs, which may impact the company’s future financial stability and stakeholder confidence.
The most recent analyst rating on (HK:1005) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Matrix Holdings Limited stock, see the HK:1005 Stock Forecast page.
More about Matrix Holdings Limited
Matrix Holdings Limited is a company incorporated in Bermuda with limited liability, and it is listed on the Hong Kong Stock Exchange. The company operates in the manufacturing sector, focusing on producing and distributing various products, although specific products or market focus are not detailed in the release.
Average Trading Volume: 44,814
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$347.9M
For an in-depth examination of 1005 stock, go to TipRanks’ Overview page.