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New Gonow Recreational Vehicles Reports Decline in H1 2025 Financial Results

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New Gonow Recreational Vehicles Reports Decline in H1 2025 Financial Results

Meet Samuel – Your Personal Investing Prophet

New Gonow Recreational Vehicles, Inc. ( (HK:0805) ) has issued an update.

New Gonow Recreational Vehicles Inc. reported a 2.4% decrease in revenue and a 9.9% decline in gross profit for the first half of 2025 compared to the same period in 2024. The decrease in sales volume of RVs and promotional pricing strategies for new models contributed to these declines, impacting the company’s financial performance and market positioning.

The most recent analyst rating on (HK:0805) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on New Gonow Recreational Vehicles, Inc. stock, see the HK:0805 Stock Forecast page.

More about New Gonow Recreational Vehicles, Inc.

New Gonow Recreational Vehicles Inc. operates in the recreational vehicle industry, focusing on the production and sale of RVs, including electric variants. The company is incorporated in the Cayman Islands and has a market presence in regions such as Australasia.

Average Trading Volume: 1,377,932

Technical Sentiment Signal: Strong Sell

Find detailed analytics on 0805 stock on TipRanks’ Stock Analysis page.

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