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.
Ruicheng (China) Media Group Limited ( (HK:1640) ) has issued an announcement.
Qian Xun Technology Limited announced its unaudited consolidated interim results for the six months ending June 30, 2025. The company reported a significant increase in revenue, reaching RMB 647,384,000 compared to RMB 67,144,000 in the same period in 2024. The gross profit also saw a substantial rise to RMB 27,634,000 from RMB 4,954,000. The profit before tax increased to RMB 52,808,000, and the profit attributable to the owners of the company was RMB 51,469,000, a notable improvement from RMB 5,366,000 the previous year. This impressive growth reflects the company’s strengthened market position and operational efficiency.
The most recent analyst rating on (HK:1640) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Ruicheng (China) Media Group Limited stock, see the HK:1640 Stock Forecast page.
More about Ruicheng (China) Media Group Limited
Average Trading Volume: 1,258,318
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.54B
See more data about 1640 stock on TipRanks’ Stock Analysis page.