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An update from Feiyu Technology International Company Ltd. ( (HK:1022) ) is now available.
Feiyu Technology International Company Ltd. has announced a positive profit alert, indicating a significant turnaround in its financial performance for the first half of 2025. The company anticipates a net profit after tax ranging from RMB55.0 million to RMB70.0 million, compared to a net loss of RMB2.0 million in the same period of the previous year. This improvement is attributed to increased revenue from its product ‘Yi Bu Liang Bu’ and a positive change in investment income from an unlisted limited partnership, driven by fair value changes in investments in intelligent systems and related sectors.
More about Feiyu Technology International Company Ltd.
Feiyu Technology International Company Ltd. is a company incorporated in the Cayman Islands, operating with its subsidiaries in the technology sector. The company is listed on the Stock Exchange of Hong Kong and focuses on products and services related to intelligent systems, auto systems, and information technology.
Average Trading Volume: 1,157,254
Technical Sentiment Signal: Hold
Current Market Cap: HK$533.6M
For a thorough assessment of 1022 stock, go to TipRanks’ Stock Analysis page.