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Shareholders 17% Loss in Billion Industrial Holdings (HKG:2299) Partly Attributable to the Company's Decline in Earnings Over Past Three Years
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.
Express News | Billion Industrial - Expected Result Due to Increase in Total Sales Volume of Polyester Filament Yarns , Polyester Products for Year
Express News | Billion Industrial Sees Significant Increase in FY Profit Attributable by Not More Than 120%
BILLION IND: POSITIVE PROFIT ALERT
BILLION IND (02299.HK) repurchased and canceled 0.13 million shares on January 23.
Gelonghui reported on January 23 that BILLION IND (02299.HK) announced the cancellation of 0.13 million repurchased shares on January 23, 2025.
