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New Hope Service Renews Dairy Products Purchase Agreement

Story Highlights

New Hope Service Holdings Limited ( (HK:3658) ) has issued an announcement.

New Hope Service Holdings Limited announced the renewal of its 2025 Master Dairy Products Purchase Agreement with New Hope Dairy, ensuring the continuation of their existing transactions. The agreement, effective from January 1, 2025, to December 31, 2026, allows New Hope Service to purchase and distribute dairy products, leveraging mobile applications and physical stores. This renewal signifies an ongoing commitment to their business model and could impact their market positioning by maintaining supply chains and customer engagement.

More about New Hope Service Holdings Limited

New Hope Service Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the dairy product industry. It engages in purchasing and reselling dairy products to residents of managed properties and B-end customers, utilizing the ‘New Hope Club’ mobile application and offline convenience stores.

YTD Price Performance: -2.53%

Average Trading Volume: 153,344

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.57B

For a thorough assessment of 3658 stock, go to TipRanks’ Stock Analysis page.

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