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Winox Holdings Limited ( (HK:6838) ) has provided an announcement.
Winox Holdings Limited reported a slight increase in revenue by 0.6% to HK$324,228,000 for the first half of 2025, despite facing global economic challenges. The company experienced a decline in sales for watch bracelets, mobile phone cases, and fashion accessories, but saw a significant increase of 54.7% in smart wearable cases and parts. The company has implemented cost reduction strategies, including workforce streamlining, to address the prolonged weak consumer markets. Despite these challenges, Winox maintains a strong financial position with substantial net current assets and cash reserves.
The most recent analyst rating on (HK:6838) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Winox Holdings Limited stock, see the HK:6838 Stock Forecast page.
More about Winox Holdings Limited
Winox Holdings Limited is a company focused on the development and manufacture of premium stainless steel products. Its major business segments include watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories.
Average Trading Volume: 241,487
Technical Sentiment Signal: Sell
Current Market Cap: HK$162M
For a thorough assessment of 6838 stock, go to TipRanks’ Stock Analysis page.