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The latest update is out from Elate Holdings Limited ( (HK:0076) ).
Elate Holdings Limited has announced a significant increase in its net profit for the year ended December 31, 2024, expecting approximately US$41.3 million compared to US$1.8 million in 2023. This surge is mainly due to a one-off fair value gain on financial assets and increased gross profit, driven by stronger sales and re-aligned pricing in its electronic products business.
More about Elate Holdings Limited
Elate Holdings Limited is a company incorporated in Hong Kong, primarily engaged in the manufacture and sales of electronic products. The company focuses on aligning its pricing strategy and strengthening sales across key customers.
YTD Price Performance: -30.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €13.23M
For a thorough assessment of 0076 stock, go to TipRanks’ Stock Analysis page.