SEHK:6616Chemicals
Global New Material International Holdings (SEHK:6616) Stock Faces Losses Despite Revenue Surge
Global New Material International Holdings went into this earnings release with momentum, with the stock up about 40% over the past month and closing at HK$9.79 on 28 August. The headline, however, is not the share price. The company is still loss making over the last 12 months and interest costs are putting pressure on the balance sheet.
Short term traders may focus on the revenue line, which reached C¥2,558.343m in the first half of 2026. Long term holders are more likely to focus on...