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An update from Xingda International Holdings ( (HK:1899) ) is now available.
Xingda International Holdings Limited reported its interim financial results for the six months ending June 30, 2025, revealing a decrease in revenue by 8.1% compared to the previous year. Despite the revenue decline, the company achieved a slight increase in gross profit margin and a notable 8% rise in EBITDA. The profit attributable to owners of the company increased by 3.5%, indicating a resilient performance amidst challenging market conditions. The announcement highlights the company’s ability to maintain profitability and operational efficiency, which may positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:1899) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Xingda International Holdings stock, see the HK:1899 Stock Forecast page.
More about Xingda International Holdings
Xingda International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing industry. The company focuses on producing high-quality radial tire cords, bead wires, and other wire products, serving the automotive and tire manufacturing sectors.
Average Trading Volume: 419,933
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.35B
Find detailed analytics on 1899 stock on TipRanks’ Stock Analysis page.