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CSMall Group Limited ( (HK:1815) ) has provided an announcement.
Mount Everest Gold Group has issued a positive profit alert, indicating that it expects to swing from a net loss of about RMB23 million in 2024 to a net profit of roughly RMB95 million to RMB110 million in 2025, with an even higher underlying profit excluding employee share option expenses. The improvement is largely driven by a surge in revenue and gross margins from gold and silver sales, as the company benefitted from low-cost inventories amid sharply higher gold prices, and by a gain of about RMB41 million from the disposal of its Fresh Food Retail segment, partly offset by around RMB56 million in share option expenses, with full audited results to be released by the end of March 2026.
The most recent analyst rating on (HK:1815) stock is a Hold with a HK$2.00 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, incorporated in the Cayman Islands and listed in Hong Kong, operates primarily in the New Jewellery Retail segment, focusing on the sale of gold and silver products. The Group previously also operated a Fresh Food Retail segment, which it has disposed of to concentrate more on its core precious metals retail business and improve overall profitability.
Average Trading Volume: 12,971,998
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.93B
For detailed information about 1815 stock, go to TipRanks’ Stock Analysis page.