KangLi International Holdings Limited (HK:6890) has released an update.
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KangLi International Holdings Limited has released a positive profit alert indicating a substantial increase in net profit for the first half of 2024, with an expected net profit of over RMB 50 million, a fivefold increase compared to the same period in 2023. The surge is credited to heightened sales volume and average selling prices of the company’s products. Investors are reminded to exercise caution, and the full financial results will be published by the end of August 2024.
For further insights into HK:6890 stock, check out TipRanks’ Stock Analysis page.