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The latest announcement is out from Kingdom Holdings Limited ( (HK:0528) ).
Kingdom Holdings Limited reported a 12.4% increase in revenue for the first half of 2025, reaching approximately RMB1.27 billion. However, the company faced a gross loss of RMB45.47 million due to a significant drop in linen yarn prices, which was influenced by an abundant supply of raw materials following a good harvest in 2024. This price decline, coupled with the use of more expensive raw materials from the previous year, led to an overall loss of RMB121.52 million for the period, compared to a profit in the previous year.
The most recent analyst rating on (HK:0528) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Kingdom Holdings Limited stock, see the HK:0528 Stock Forecast page.
More about Kingdom Holdings Limited
Kingdom Holdings Limited, incorporated in the Cayman Islands and operating in Hong Kong as Kingdom (Cayman) Limited, is involved in the production and sale of linen yarn. The company is listed on the Hong Kong Stock Exchange under stock code 528.
Average Trading Volume: 88,611
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$721.2M
See more insights into 0528 stock on TipRanks’ Stock Analysis page.