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VPower Group International Holdings Limited ( (HK:1608) ) has shared an announcement.
VPower Group International Holdings Limited has announced a positive profit alert for the six months ending June 30, 2025, with an expected unaudited consolidated profit of approximately HK$20 million. This turnaround from a HK$139 million loss in the same period of 2024 is primarily due to income from the disposal of power generating assets and reduced interest expenses from repaid bank borrowings. The final results are yet to be confirmed and will be published by the end of August 2025.
More about VPower Group International Holdings Limited
VPower Group International Holdings Limited is a company incorporated in the Cayman Islands, operating in the power generation industry. The company, along with its subsidiaries, focuses on providing power generation solutions and services.
Average Trading Volume: 158,941
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.84B
For an in-depth examination of 1608 stock, go to TipRanks’ Overview page.