tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Neo-Neon Holdings Reports Decline in Interim Profits Amid Rising Expenses

Story Highlights
Neo-Neon Holdings Reports Decline in Interim Profits Amid Rising Expenses

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Neo Neon Holdings ( (HK:1868) ) has provided an announcement.

Neo-Neon Holdings Limited has announced its unaudited interim results for the six months ending June 30, 2025. The company reported a slight decrease in revenue from RMB 294,390,000 in 2024 to RMB 290,081,000 in 2025. Despite the decline in revenue, the company managed to maintain a gross profit of RMB 121,926,000. However, profit before tax dropped significantly from RMB 14,794,000 in 2024 to RMB 4,318,000 in 2025, with net profit attributable to shareholders decreasing from RMB 11,610,000 to RMB 4,945,000. This decline in profitability is attributed to increased selling and distribution expenses.

More about Neo Neon Holdings

Neo-Neon Holdings Limited is a company incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange. The company operates in the lighting industry, focusing on the production and distribution of lighting products.

Average Trading Volume: 66,587

Current Market Cap: HK$775M

Find detailed analytics on 1868 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1