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The latest update is out from Million Hope Industries Holdings Ltd. ( (HK:1897) ).
Million Hope Industries Holdings Ltd. has issued a profit warning, indicating an expected decrease in net profit by approximately 80% to 95% for the six months ending September 30, 2025, compared to the same period in 2024. This significant decline is attributed to delays or suspensions in key projects and a downturn in the property and construction markets, impacting the company’s financial performance and advising caution for shareholders and potential investors.
The most recent analyst rating on (HK:1897) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Million Hope Industries Holdings Ltd. stock, see the HK:1897 Stock Forecast page.
More about Million Hope Industries Holdings Ltd.
Million Hope Industries Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the property and construction sectors. It focuses on various projects within these industries, although specific products or services are not detailed in the announcement.
Average Trading Volume: 42,469
Technical Sentiment Signal: Sell
Current Market Cap: HK$174.7M
See more insights into 1897 stock on TipRanks’ Stock Analysis page.