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BILLION IND (02299.HK) held a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui March 6丨BILLION IND (02299.HK) announced that the company will hold a Board of Directors meeting on March 21, 2025 (Friday) to approve the full-year performance announcement for the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for the distribution of the final dividend (if any).
BILLION IND: DATE OF BOARD MEETING
Guosen: Maintain "outperform the market" rating for the textile Outfits Industry. Focus on new highlights of brands and opportunities for undervalued Hong Kong stocks.
Guosen recommends focusing on companies that have the ability to increase their market share and maintain strong medium to long-term growth.
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BILLION IND (02299.HK): The annual profit attributable to shareholders is expected to increase by no more than approximately 120%.
On January 27, Gelonghui reported that BILLION IND (02299.HK) announced that it expects a significant increase of no more than approximately 120% in profit attributable to owners for the year ending December 31, 2024, compared to the year ending December 31, 2023. The increase is primarily due to an increase in total sales volume of polyester filament and polyester products for the year ending December 31, 2024, leading to a substantial increase in total revenue.