tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Perfectech International Reports Significant Reduction in Losses for H1 2025

Story Highlights
Perfectech International Reports Significant Reduction in Losses for H1 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Perfectech International Holdings Limited ( (HK:0765) ) has shared an update.

Perfectech International Holdings Limited has announced a significant reduction in its consolidated net loss for the first half of 2025, with an expected decrease of 74-79% compared to the same period in 2024. This improvement is attributed to a notable increase in gross profit margin and a decrease in administrative expenses, primarily due to reduced raw material and labor costs, as well as lower staff costs. The company is finalizing its interim results, which are subject to adjustments, and advises stakeholders to exercise caution when dealing with its securities.

More about Perfectech International Holdings Limited

Perfectech International Holdings Limited is a company incorporated in Bermuda, operating with its subsidiaries in various sectors. The company is listed on the Hong Kong Stock Exchange and is involved in manufacturing and trading activities, focusing on improving its financial performance and market position.

Average Trading Volume: 40,700

Technical Sentiment Signal: Sell

Current Market Cap: HK$137.3M

See more insights into 0765 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1