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Elate Holdings Limited ( (HK:0076) ) has shared an announcement.
Elate Holdings Limited reported its unaudited condensed consolidated interim results for the six months ended June 30, 2025. The company experienced a decrease in revenue to US$63.1 million from US$65.8 million in the same period last year. Despite a gross profit increase to US$9.9 million, the company reported a significant loss from operating activities amounting to US$13.5 million, compared to a profit of US$28.6 million in the previous year. This downturn was largely due to a fair value loss on financial assets, impacting the overall financial performance and resulting in a net loss attributable to owners of the company of US$15.1 million.
The most recent analyst rating on (HK:0076) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Elate Holdings Limited stock, see the HK:0076 Stock Forecast page.
More about Elate Holdings Limited
Elate Holdings Limited is a company incorporated in Hong Kong, operating with limited liability and listed on the Stock Exchange of Hong Kong. The company is involved in various business activities, although specific industry details and primary products or services are not provided in the announcement.
Average Trading Volume: 3,888,580
Technical Sentiment Signal: Sell
Current Market Cap: HK$114.7M
See more data about 0076 stock on TipRanks’ Stock Analysis page.