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Ngai Hing Hong Co. Ltd. ( (HK:1047) ) just unveiled an announcement.
Ngai Hing Hong Co. Ltd. has announced a positive profit alert, expecting to record a profit of up to HK$1,000,000 for the year ended June 30, 2025, compared to a loss of HK$18,041,000 in the previous year. This turnaround is attributed to increased sales volume, turnover, and gross margin, despite challenges such as a complex global economic environment and uncertain U.S. tariff policies. The company’s strategic focus on product optimization and seizing policy opportunities has contributed to its improved financial performance.
The most recent analyst rating on (HK:1047) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Ngai Hing Hong Co. Ltd. stock, see the HK:1047 Stock Forecast page.
More about Ngai Hing Hong Co. Ltd.
Ngai Hing Hong Co. Ltd. is a company incorporated in Bermuda, operating in the industry of manufacturing and trading. The company focuses on optimizing its product portfolio, refining clientele structure, and advancing diversified layouts to improve its market position.
Average Trading Volume: 129,882
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$114.5M
See more insights into 1047 stock on TipRanks’ Stock Analysis page.