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China Display Optoelectronics Projects Over 350% Profit Surge in 2024

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China Display Optoelectronics Projects Over 350% Profit Surge in 2024

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China Display Optoelectronics Technology Holdings Ltd ( (HK:0334) ) has issued an update.

China Display Optoelectronics Technology Holdings Ltd has announced a significant profit increase of over 350% for the year ending December 31, 2024, compared to the previous year. This growth is primarily driven by a substantial rise in revenue from its tablet module business and a reduction in losses from derivative financial instruments. The company advises caution as the results are based on preliminary assessments and are yet to be audited.

More about China Display Optoelectronics Technology Holdings Ltd

China Display Optoelectronics Technology Holdings Ltd operates in the optoelectronics industry, focusing on the production and sales of display modules, particularly for tablets. The company is incorporated in Bermuda and listed on the Hong Kong Stock Exchange.

YTD Price Performance: -10.0%

Average Trading Volume: 7,705

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €49.47M

Learn more about 0334 stock on TipRanks’ Stock Analysis page.

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