Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Dongyue Group Limited ( (HK:0189) ) has provided an update.
Dongyue Group Limited’s subsidiary, Shandong Dongyue Organosilicone Materials Co., Ltd., has announced an estimated significant increase in net profit for the year ended December 31, 2024, with figures expected to rise by approximately 119.18% to 122.87% compared to the previous year. This substantial growth, although unaudited, highlights the company’s potential for increased profitability, which may influence the company’s market positioning and impact stakeholders, although caution is advised when interpreting these results.
More about Dongyue Group Limited
Dongyue Group Limited, incorporated in the Cayman Islands, operates primarily in the organosilicone materials industry through its non-wholly owned subsidiary, Shandong Dongyue Organosilicone Materials Co., Ltd., which is listed on the ChiNext of the Shenzhen Stock Exchange.
YTD Price Performance: -0.25%
Average Trading Volume: 11,039,167
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$13.41B
Learn more about 0189 stock on TipRanks’ Stock Analysis page.
