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SEM Holdings Limited ( (HK:9929) ) has issued an announcement.
SEM Holdings Limited, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced a positive profit alert. The company anticipates a net profit of up to HK$0.3 million for the first half of 2025, a significant turnaround from a net loss of approximately HK$7.4 million in the same period of 2024. This improvement is attributed to increased gross profit margins and the reversal of impairment losses due to the collection of long outstanding contract assets and trade receivables. The interim results are still being finalized and are expected to be published in August 2025.
More about SEM Holdings Limited
Average Trading Volume: 941,960
Technical Sentiment Signal: Buy
Current Market Cap: HK$136M
For detailed information about 9929 stock, go to TipRanks’ Stock Analysis page.