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The latest update is out from CSMall Group Limited ( (HK:1815) ).
Mount Everest Gold Group Company Limited has issued a positive profit alert, projecting a net profit of RMB70 million to RMB80 million for the first half of 2025, a significant turnaround from a net loss of RMB11 million in the same period of 2024. This improvement is attributed to increased sales and profit margins in its New Jewellery Retail segment due to higher gold prices and the disposal of its Fresh Food Retail segment, which generated a gain of RMB41 million. However, these gains were partially offset by RMB18 million in expenses related to employee share options.
The most recent analyst rating on (HK:1815) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on CSMall Group Limited stock, see the HK:1815 Stock Forecast page.
More about CSMall Group Limited
Mount Everest Gold Group Company Limited operates in the jewelry retail industry, focusing primarily on the sale of gold products. The company has recently shifted its market focus by disposing of its Fresh Food Retail segment to concentrate on its New Jewellery Retail segment.
Average Trading Volume: 10,441,890
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.93B
See more insights into 1815 stock on TipRanks’ Stock Analysis page.