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Investors More Bullish on Yeebo (International Holdings) (HKG:259) This Week as Stock Swells 20%, Despite Earnings Trending Downwards Over Past Five Years
YEEBO (INT'L H): 2024/25 INTERIM REPORT
Tianfeng: Stimulus of domestic demand + resonance of product cycles, bullish on the consumer electronics industry chain.
Tianfeng states that the stimulation of domestic demand combined with the resonance of the product cycle, is bullish on the consumer electronics industry chain.
Yidu (International Holdings) (00259.HK) saw a year-on-year increase of about 2.4% in its interim comprehensive income to 0.527 billion Hong Kong dollars.
On November 25, GeLong Hui announced that as of September 30, 2024, the group's comprehensive income increased by about 2.4% year-on-year to 527,000,000 Hong Kong dollars for the six months. The attributable profit of the company's owners was 89,000,000 Hong Kong dollars, a decrease of approximately 24,000,000 Hong Kong dollars year-on-year. The main reason for the decrease in net profit is the change in accounting treatment of the equity held by the group in Nantong Jianghai after reaching an agreement to sell a portion of the group's investment in Nantong Jianghai Capacitor Co., Ltd., and the financial asset fair value change recognized in profit or loss at fair value.
Express News | Yeebo (International Holdings) H1 Revenue HKD 527 Million
YEEBO (INT'L H): INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
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