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An announcement from MEGAIN Holding (Cayman) Co. Ltd. ( (HK:6939) ) is now available.
MEGAIN Holding (Cayman) Co., Ltd., a company incorporated in the Cayman Islands, reported its interim financial results for the six months ending June 30, 2025. The company experienced a 7.7% increase in revenue compared to the same period in 2024, reaching approximately RMB70,766,000. However, the company reported a significant loss of approximately RMB38,575,000, a stark contrast to the profit of RMB405,000 in the previous year. The loss was attributed to increased costs, including impairment losses on trade receivables, property, plant, equipment, and intangible assets, as well as higher research and development, selling, and administrative expenses. The directors have decided not to recommend the payment of any interim dividend for this period.
The most recent analyst rating on (HK:6939) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on MEGAIN Holding (Cayman) Co. Ltd. stock, see the HK:6939 Stock Forecast page.
More about MEGAIN Holding (Cayman) Co. Ltd.
Average Trading Volume: 96,352
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$228.2M
See more data about 6939 stock on TipRanks’ Stock Analysis page.