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.
REF Holdings Limited ( (HK:1631) ) has issued an announcement.
REF Holdings Limited announced its unaudited condensed consolidated results for the six months ending June 30, 2025. The company reported a decline in revenue from HK$63,221,000 in 2024 to HK$53,346,000 in 2025, with a corresponding decrease in gross profit. Despite the drop in revenue, the company managed to maintain profitability, with a profit attributable to owners of HK$4,477,000, down from HK$5,302,000 in the previous year. The announcement highlights a stable financial position with total assets less current liabilities standing at HK$98,449,000, indicating resilience amidst challenging market conditions.
The most recent analyst rating on (HK:1631) stock is a Hold with a HK$0.50 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 company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong under the stock code 1631. The company provides a range of services, although the specific industry and primary products or services are not detailed in the announcement.
Average Trading Volume: 215,673
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$138.2M
For detailed information about 1631 stock, go to TipRanks’ Stock Analysis page.