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The latest announcement is out from Zhongsheng Group Holdings Ltd. ( (HK:0881) ).
Zhongsheng Group Holdings Ltd. announced a decrease in its financial performance for the first half of 2025, with total revenue dropping by 6.2% compared to the same period in 2024. Despite a slight increase in after-sales services revenue, the company experienced a significant decline in gross profit and profit attributable to owners, primarily due to a 7.4% decrease in motor vehicle sales. The company also reported a 1.7% decrease in new car sales volume, although pre-owned automobile trade volume increased by 9.6%.
The most recent analyst rating on (HK:0881) stock is a Buy with a HK$17.50 price target. To see the full list of analyst forecasts on Zhongsheng Group Holdings Ltd. stock, see the HK:0881 Stock Forecast page.
More about Zhongsheng Group Holdings Ltd.
Zhongsheng Group Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the sale of motor vehicles and the provision of accessories and after-sales services, including maintenance, warranty, and collision services. The company operates in the automotive industry, focusing on both new and pre-owned automobiles, with a particular emphasis on luxury brands.
Average Trading Volume: 10,467,187
Technical Sentiment Signal: Hold
Current Market Cap: HK$35.33B
For a thorough assessment of 0881 stock, go to TipRanks’ Stock Analysis page.