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Sunfonda Group Holdings Ltd. ( (HK:1771) ) has shared an announcement.
Sunfonda Group Holdings Limited reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by 19.2% compared to the same period in 2024. The company faced a gross loss of RMB46.5 million, a stark contrast to the previous year’s gross profit, and a loss before tax of RMB89.6 million. The decline in sales volume of new vehicles and reduced revenue from after-sales services and used car sales contributed to the overall financial downturn. Despite the challenging period, the loss attributable to owners decreased by 11.7%, indicating some cost management efforts.
The most recent analyst rating on (HK:1771) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sunfonda Group Holdings Ltd. stock, see the HK:1771 Stock Forecast page.
More about Sunfonda Group Holdings Ltd.
Sunfonda Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the automotive industry. The company focuses on the sale of new and used vehicles and provides after-sales services.
Average Trading Volume: 215,481
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$168M
Learn more about 1771 stock on TipRanks’ Stock Analysis page.