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Raffles Interior Ltd. ( (HK:1376) ) just unveiled an announcement.
Raffles Interior Limited has issued a positive profit alert, anticipating a significant increase in net profit for the six months ending June 2025, compared to the same period in 2024. This expected growth is attributed to increased revenue, a fair value gain from remeasurement of convertible bonds, and the absence of losses from discontinued operations. However, the profit alert has not been reported in accordance with the Takeovers Code, and stakeholders are advised to exercise caution when assessing the company’s financial position.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
More about Raffles Interior Ltd.
Raffles Interior Limited, incorporated in the Cayman Islands, operates in the interior design industry. The company focuses on providing comprehensive interior solutions and has a market presence in Hong Kong, where it is listed on the Stock Exchange.
Average Trading Volume: 6,244,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$242M
Find detailed analytics on 1376 stock on TipRanks’ Stock Analysis page.