Lee & Man Chemical Co. Ltd. (HK:0746) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lee & Man Chemical Company Limited anticipates a substantial profit increase of approximately 125% for the six-month period ending June 2024, compared to the same period last year, primarily due to lower raw material and energy costs. The company cautions that this is a preliminary assessment based on unaudited accounts and advises shareholders and potential investors to exercise caution when dealing with its shares. Detailed financial results will be released in August 2024.
For further insights into HK:0746 stock, check out TipRanks’ Stock Analysis page.