-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Addicon Holdings (09860) fell more than 7% in early trading, sales prices were still under pressure in the first half of the year, institutions say they are concerned about whether price competition has eased
Share
Listen to the news

The Zhitong Finance App learned that Adicon Holdings (09860) fell more than 7% in early trading. As of press release, it was down 5.06% to HK$3.75.

According to the news, Addicon's interim results showed a slight increase of 1.1% in revenue in the first half of the year. Affected by the DRG/DIP payment reform policy, the company's overall average sales price in the first half of the year was still under downward pressure compared to the same period, and the company has greatly compensated for the decline in prices through increased sales volume. Xiangcai Securities pointed out that overall, the ICL industry has reached the bottom of its 2024-2025 performance and has entered the profit and loss recovery channel. In the future, it is necessary to observe the continuation of revenue growth and whether price competition can ease.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending