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Laopu Gold Co. Ltd. Class H ( (HK:6181) ) has issued an announcement.
Laopu Gold Co., Ltd. announced a positive profit alert, forecasting a significant increase in net profit for 2024, with expectations ranging from RMB1,400 million to RMB1,500 million, marking a 236% to 260% rise over the previous year. This surge in profit is attributed to the company’s strategic brand expansion, product optimization, and the addition of new boutiques, which collectively enhanced its revenue across various channels.
More about Laopu Gold Co. Ltd. Class H
Laopu Gold Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It focuses on expanding its brand influence and optimizing its product offerings, which has positioned it competitively in the market. The company operates both online and offline channels and continues to grow by opening new boutiques and expanding existing ones.
YTD Price Performance: 96.52%
Average Trading Volume: 606,777
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of 6181 stock, go to TipRanks’ Stock Analysis page.
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