No Data
TEXHONG INTL GP (02678.HK) expects its annual net profit to reach 0.58 billion yuan, achieving a turnaround year-on-year.
On January 24, Glorious Exchange reported that TEXHONG INTL GP (02678.HK) announced that for the year ending December 31, 2024, it expects to record a net profit of approximately RMB 0.58 billion, whereas the group recorded a net loss of approximately RMB 0.299 billion for the year ending December 31, 2023. The group expects to record a net profit mainly due to a recovery in market demand in the textile Industry during the year, with both sales volume and capacity utilization rate improving compared to the year ending December 31, 2023, resulting in the gross margin for the products gradually returning to normal levels during that year. In addition, thanks to the group's accumulation...
Express News | Texhong International Group FY Net Income RMB 580 Million
TEXHONG INTL GP: POSITIVE PROFIT ALERT
Solid Earnings Reflect Texhong International Group's (HKG:2678) Strength As A Business
Returns On Capital At Texhong International Group (HKG:2678) Have Stalled
HK Stock News: Texhong International Group (02678) is currently up nearly 7%. It is expected that the order volume and price in the second half of the year will continue to recover and the company's early global layout.
Texhong intl gp (02678) is now up nearly 7%, as of press time, up 6.8% to HK$3.77, with a turnover of 4.7485 million Hong Kong dollars.
Is It Too Late To Consider Buying Texhong International Group Limited (HKG:2678)?
