TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ngai Hing Hong Co. Ltd. ( (HK:1047) ) has issued an update.
Ngai Hing Hong Co. Ltd. has announced its audited annual results for the year ending June 30, 2025, showing a slight improvement in financial performance. The company reported a profit of HK$1,349,000 compared to a loss of HK$16,833,000 in the previous year, indicating a positive turnaround. This improvement is attributed to increased revenue and better cost management, although the overall market conditions remain challenging. The results suggest a cautious optimism for stakeholders, as the company navigates through a competitive industry landscape.
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, primarily engaged in the manufacturing and distribution of plastic materials and products. The company operates within the plastics industry, focusing on providing a range of plastic-related solutions.
Average Trading Volume: 70,600
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$110.8M
Learn more about 1047 stock on TipRanks’ Stock Analysis page.