Intron Technology Holdings Ltd. (HK:1760) has released an update.
Intron Technology Holdings Ltd. has reported an 8% increase in turnover for the first half of 2024, outshining the general market trends, with significant growth in new energy and automated & connected vehicle sectors. Despite competitive pressures and a price war in the automotive industry, the company’s strong R&D capabilities and product competitiveness have driven its positive performance. However, the company did face challenges, as indicated by a decrease in gross profit and net profit margins compared to the previous year.
For further insights into HK:1760 stock, check out TipRanks’ Stock Analysis page.