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Ningbo Joyson Electronic Corp. Class H ( (HK:0699) ) just unveiled an update.
Ningbo Joyson Electronic Corp. has issued a positive profit alert for its 2025 financial year, projecting net profit attributable to shareholders of about RMB1.35 billion, a 40.56% year-on-year increase, with profit excluding non-recurring items expected to reach approximately RMB1.5 billion, up 17.02%. The improvement is driven by profit enhancement and business integration measures that have strengthened global operations and supported a recovery in overseas profitability, partly offset by around RMB160 million in non-recurring losses linked to the disposal of a weighing apparatus business and restructuring of certain overseas manufacturing facilities; the company reports no material uncertainties that would affect these preliminary, unaudited estimates.
More about Ningbo Joyson Electronic Corp. Class H
Ningbo Joyson Electronic Corp. is a China-based automotive electronics and components manufacturer, operating globally through multiple subsidiaries and listings in Hong Kong, Shanghai and Shenzhen. The group focuses on vehicle-related electronic systems and has been undertaking international business integration and restructuring to enhance profitability, particularly in its overseas operations.
Average Trading Volume: 5,118,544
Current Market Cap: HK$34.99B
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