Gold Peak Technology Group Limited (HK:0040) has released an update.
Gold Peak Technology Group Limited anticipates a significant rise in profits for the first half of fiscal year 2025, expecting shareholder profit to surge to HK$25-28 million from HK$3.5 million the previous year. This boost, driven by strong demand for the company’s primary batteries and improved gross profit margins, is partially offset by increased expenses. Despite the preliminary nature of these figures, the company remains optimistic ahead of its official interim results release.
For further insights into HK:0040 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Paramount Global (NASDAQ:PARA) Adds an Ad-Supported Tier in Europe
- How Ford (NYSE:F) Looks to Solve Its Hydrogen Engine Problem
- The Intel (NASDAQ:INTC) “Coffee Debacle” Is Now Solved
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.