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Hong Kong stock market dynamics: EDA Group Holdings (02505) rebounded by nearly 22%, and will release mid-year performance next Friday. Previously, it was expected that the net profit for the first half of the year would increase by up to 10%.
EDA Group Holdings (02505) rebounded by nearly 22%. As of the time of writing, it increased by 18.61%, at a price of 4.27 Hong Kong dollars, with a turnover of 10.1223 million Hong Kong dollars.
On August 23rd, EDA Group Holdings (02505.HK) held a board of directors meeting and approved the publication of the interim performance report.
EDA Group Holdings (02505.HK) announced on August 12th that the board of directors will hold a meeting on August 23rd, 2024 (Friday). It is expected that the board will decide whether to declare, recommend or pay dividends (if any) at the meeting and approve the publication of the unaudited interim performance announcement for the six months ended June 30, 2024.
EDA GROUP HLDGS: DATE OF BOARD MEETING
HK Stocks Deviation | EDA Group Holdings (02505) falls over 16% again, with a maximum increase of 10% in net profit in the first half of the year. Intense competition among leading cross-border e-commerce platforms.
Shares of EDA Group Holdings (02505) fell over 16% again, with a cumulative decline of nearly 40% after the profit forecast. As of press time, it fell 16.11%, to HKD 12.0088 million.
Hong Kong stock market's abnormal movement | EDA Group Holdings (02505) fell by another 26% during trading, and has fallen nearly 40% since releasing performance forecast. Expected maximum net profit growth of 10% in the first half of the year.
Shares of EDA Group Holdings Limited (02505) fell 26% again in intraday trading, reaching a low of HKD 5.1, and have fallen nearly 40% since the performance forecast was released. As of the time of publication, it fell 15.22% to HKD 5.85, with a turnover of HKD 12.9847 million.
EDA Group Expects Up to 10% Higher Profit in H1
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