tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nan Nan Resources Anticipates Substantial Profit Growth

Nan Nan Resources Anticipates Substantial Profit Growth

Nan Nan Resources Enterprise Limited (HK:1229) 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.

Nan Nan Resources Enterprise Limited has issued a positive profit alert, forecasting a significant rise in profits from HK$17.4 million in 2023 to at least HK$30 million for the first half of 2024. This growth is attributed to increased coal sales, favorable currency exchange rates, and certain financial adjustments. Investors are advised to stay tuned for the finalized results and exercise caution when trading shares.

For further insights into HK:1229 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1