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Yip’s Chemical Holdings ( (HK:0408) ) has shared an update.
Yip’s Chemical Holdings reported a significant increase in profit attributable to owners by 94% to HK$66.1 million for the six months ending June 2025, despite a decline in revenue and sales volume due to economic downturns and market pressures. The company achieved improved gross profit margins through effective product portfolio optimization and cost control, while also benefiting from gains in its properties segment. The gearing ratio remained healthy at 18.0%, supporting future growth opportunities, and an interim dividend of HK4 cents per share was declared.
The most recent analyst rating on (HK:0408) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Yip’s Chemical Holdings stock, see the HK:0408 Stock Forecast page.
More about Yip’s Chemical Holdings
Yip’s Chemical Holdings operates in the chemical industry, focusing on the production of coatings, inks, and solvents. The company is known for optimizing its product portfolio and controlling raw material costs to improve gross profit margins.
Average Trading Volume: 229,395
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.02B
For a thorough assessment of 0408 stock, go to TipRanks’ Stock Analysis page.