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Hainan Drinda New Energy Technology Co., Ltd. Class H ( (HK:2865) ) has issued an announcement.
Hainan Drinda New Energy Technology Co., Ltd. announced a forecast of negative net profit for the first half of 2025, citing intensified competition and declining product prices in the PV industry as contributing factors. Despite these challenges, the company is making strides in technological innovation and global market expansion, with a successful listing on the Hong Kong Stock Exchange and increased overseas sales. The company anticipates benefiting from industry consolidation and technological advancements, positioning itself for future growth.
The most recent analyst rating on (HK:2865) stock is a Buy with a HK$52.00 price target. To see the full list of analyst forecasts on Hainan Drinda New Energy Technology Co., Ltd. Class H stock, see the HK:2865 Stock Forecast page.
More about Hainan Drinda New Energy Technology Co., Ltd. Class H
Hainan Drinda New Energy Technology Co., Ltd. is a Chinese company operating in the photovoltaic (PV) industry, focusing on the development and production of PV cells. The company is involved in upgrading battery process technologies and expanding its global market presence, with a significant increase in overseas sales and plans to establish advanced production capacity abroad.
Average Trading Volume: 2,298,917
Current Market Cap: HK$2.14B
Learn more about 2865 stock on TipRanks’ Stock Analysis page.