Time Intercon (01729) rose more than 4%. As of press time, it rose 4.3% to HKD 3.88 with a turnover of HKD 15.5611 million.
According to the Zhitong Finance APP, Time Intercon (01729) rose more than 4%. As of press time, it rose 4.3% to HKD 3.88 with a turnover of HKD 15.5611 million.
On the news front, Time Intercon announced that it is expected that the net profit for the six months ended June 30, 2024 will increase by 30% to 40% compared with the net profit for the six months ended September 30, 2023. The growth is mainly due to the increase in revenue generated by the medical devices and datacenter in the wire components division, as well as the special wire in the digital wire division, all of which have better profit margins in the three market divisions.