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Xinming China Holdings Limited ( (HK:2699) ) has issued an update.
Xinming China Holdings Limited reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by approximately 57.9% to RMB33.1 million compared to the same period last year. The company’s gross profit also fell by 69.5%, and it recorded a loss attributable to owners of RMB136.8 million, a decrease of 59.1% in loss compared to the previous year. The board did not recommend an interim dividend, reflecting the challenging market conditions and financial strain on the company.
The most recent analyst rating on (HK:2699) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Xinming China Holdings Limited stock, see the HK:2699 Stock Forecast page.
More about Xinming China Holdings Limited
Average Trading Volume: 345,304
Technical Sentiment Signal: Buy
Current Market Cap: HK$337.2M
Find detailed analytics on 2699 stock on TipRanks’ Stock Analysis page.