Green Future Food Hydrocolloid Marine Science Co., Ltd. (HK:1084) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Green Future Food Hydrocolloid Marine Science Co., Ltd. expects a net profit of RMB 20-25 million for the first half of 2024, signaling a noteworthy recovery from a loss of RMB 85.3 million in the previous year. This positive turnaround is attributed to the stabilization of seaweed material prices and improved sales of carrageenan and agar-agar products. Investors are urged to exercise caution when dealing with the company’s shares until the interim results are officially released.
For further insights into HK:1084 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money