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Nanfang Communication Holdings Ltd. ( (HK:1617) ) has shared an announcement.
Nanfang Communication Holdings Ltd. has issued a positive profit alert, indicating an expected unaudited profit and total comprehensive income of approximately RMB25.0 million to RMB30.0 million for the first half of 2025, a significant increase from RMB5.5 million in the same period of 2024. This improvement is attributed to a decrease in raw material costs, boosting gross profit margins, and an increase in the fair value gain on financial assets denominated in foreign currency. The final results are yet to be audited and may differ from the preliminary figures.
More about Nanfang Communication Holdings Ltd.
Nanfang Communication Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the communication industry. It operates through its subsidiaries and is listed on the Hong Kong Stock Exchange under the stock code 1617.
Average Trading Volume: 3,464,551
Technical Sentiment Signal: Buy
Current Market Cap: HK$196.8M
See more data about 1617 stock on TipRanks’ Stock Analysis page.