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IDT International Limited ( (HK:0167) ) has provided an update.
IDT International Limited has issued a positive profit alert, announcing an expected net profit of approximately HK$114.6 million for the fiscal year ending December 2024, a significant turnaround from a net loss of HK$14.2 million in the previous year. This improvement is attributed to the resumption of business operations in 2024 after substantial suspensions in 2023, indicating a positive shift in the company’s operational and financial performance.
More about IDT International Limited
IDT International Limited, incorporated in Bermuda, operates in the electronics industry and is listed on the Hong Kong Stock Exchange. The company, along with its subsidiaries, focuses on producing and selling electronic products.
YTD Price Performance: 50.0%
Average Trading Volume: 101,083
Current Market Cap: HK$1.09B
Learn more about 0167 stock on TipRanks’ Stock Analysis page.