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REF Holdings Limited ( (HK:1631) ) has shared an announcement.
REF Holdings Limited has warned shareholders that profit attributable to owners for the year ended 31 December 2025 is expected to fall by about 40% to 50% from roughly HK$5.7 million a year earlier. The decline is mainly driven by lower revenue, and the figures are based on preliminary unaudited management accounts that may be adjusted after further review.
The board will meet on 5 March 2026 to approve the audited annual results and consider recommending a final dividend, signalling that capital return remains under review despite weaker earnings. Investors are urged to exercise caution when trading the company’s shares ahead of the results, underscoring heightened uncertainty around its near-term financial outlook.
The most recent analyst rating on (HK:1631) stock is a Hold with a HK$0.56 price target. To see the full list of analyst forecasts on REF Holdings Limited stock, see the HK:1631 Stock Forecast page.
More about REF Holdings Limited
REF Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Stock Exchange of Hong Kong under stock code 1631. The group operates through various subsidiaries, though the announcement focuses primarily on its financial performance and governance activities rather than detailing specific business lines or sector specialisation.
Average Trading Volume: 95,483
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$122.9M
See more data about 1631 stock on TipRanks’ Stock Analysis page.

