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Can the stock price continue to rise tomorrow?

High-level calcium carbonate production company - Zenda Holdings recorded a net profit of 1.93 million 1000 ringgit in the first quarter of the 2024 fiscal year, announcing a distribution of 1.50 cents per share. The strong net profit performance has driven a substantial increase in stock prices, which at one point rose to 61 cents.
The quarterly revenue reached 28.75 million 7000 ringgit.
The company has seen some positive signs of development in the bioplastics sector and the recovery of the glove industry, emphasizing significant achievements and global strategic direction for shaping the future.

Looking ahead, the company's strategic focus will include prudently increasing the production capacity and quality of calcium carbonate dispersion to meet the expected demand trends.
Information source: Nanyang Commercial Daily
Disclaimer: This content is for reference and education purposes only, and does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks and responsibilities arising from relying on this content. Before making any investment decisions, be sure to conduct your own independent research and evaluation, and consult with professional advisors when necessary. The author and related parties are not responsible for any losses or damages caused by the use or reliance on the information contained in this article.
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Nanyang Siang Pau Official Account
《南洋商报》创立于1923年,是马来西亚历史最悠久的中文报纸之一。以财经及商业新闻为主,是商家与投资者必备的新闻资讯平台。
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