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Hong Kong Stock Afternoon Review | Hang Seng Index fell by 0.47% in the morning session, while Semiconductors stocks rose collectively.
Self-controllable is expected to continue accelerating. Institutions are Bullish on Consumer Electronics driving Semiconductors demand.
Hong Kong stock movement | LK TECH (00558) rose nearly 15% in the morning as several companies ramp up their Business, Institutions expect a rebound in die-casting machine demand.
LK TECH (00558) rose nearly 15% in early trading, as of the time of writing, it increased by 11.9%, priced at 2.82 Hong Kong dollars, with a turnover of 29.8934 million Hong Kong dollars.
LK TECH: Interim Report 2024/2025
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...
L.K. Technology Holdings' (HKG:558) Returns On Capital Are Heading Higher
