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.
The latest announcement is out from Harbin Electric Co. Ltd. Class H ( (HK:1133) ).
Harbin Electric Co. Ltd. has announced a positive profit alert for the first half of 2025, anticipating a significant increase in net profit to approximately RMB1,020 million, compared to RMB523 million in the same period last year. This growth is attributed to increased operating revenue and improved efficiency and quality, leading to a higher gross profit margin. The final financial results for the period are yet to be audited and will be released by the end of August 2025.
More about Harbin Electric Co. Ltd. Class H
Harbin Electric Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the electric industry. The company focuses on the production and distribution of electric machinery and equipment, serving various sectors with a market focus on enhancing operational efficiency and quality.
YTD Price Performance: 151.96%
Average Trading Volume: 5,355,565
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.66B
Learn more about 1133 stock on TipRanks’ Stock Analysis page.