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JiaChen Holding Group Limited ( (HK:1937) ) just unveiled an update.
JiaChen Holding Group Limited has announced a positive profit alert, expecting a substantial increase in net profit by at least 80% for the year 2024 compared to the previous year. This growth is attributed to an 8% rise in revenue due to the recovery in the commercial building construction industry and a 4 percentage point increase in gross profit margin, driven by enhanced production efficiency and reduced raw material costs.
More about JiaChen Holding Group Limited
YTD Price Performance: 100.0%
Average Trading Volume: 1,049,821
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$400M
See more data about 1937 stock on TipRanks’ Stock Analysis page.