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News Flash: 7 Analysts Think L.K. Technology Holdings Limited (HKG:558) Earnings Are Under Threat
[Brokerage Focus] morgan stanley: lk tech (00558) performance did not meet expectations, die casting business declined.
Jinwu Financial News | A research report released by morgan stanley indicates that lk tech (00558) did not meet expectations in the first quarter of the fiscal year 2025, mainly due to a decline in the machinery business. The report mentions that lk tech's revenue for the first quarter of the fiscal year 2025 was HKD 2.6 billion, a year-on-year decrease of 6% and a quarter-on-quarter decrease of 16%, falling short of morgan stanley's and the market consensus expectations. Among them, the revenue from the machinery business decreased by 19% year-on-year, while the PIMM and CNC center businesses grew by 30% and 14% year-on-year, respectively. The gross margin reached 29%, an increase of 3 percentage points year-on-year and 1 percentage point quarter-on-quarter, higher than.
lk tech (00558) will distribute a mid-term dividend of HKD 0.03 per share on January 9, 2025.
lk tech (00558) announced that the company will distribute an interim dividend of HK$0.0 per share on January 9, 2025...
Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
Against the backdrop of a cyclical recovery, the growth logic of lk tech (0558.HK) is becoming increasingly clear.
The high growth of dkm injection machines, the potential revival of die-casting machines, and the steady development of CNC machining centers have together outlined a 'steady rise' growth blueprint for lk tech.
A quick look at lk tech (0558.HK) mid-term financial performance for 2024-2025 fiscal year
On November 29, 2024, lk tech (0558.HK) released its interim performance for the six months ended September 30, 2024, with revenue of 2,594,448 thousand Hong Kong dollars; net income reached 0.17 billion Hong Kong dollars, with a gross margin of 28.7% and a net income margin of 6.4%.
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