Q Technology (Group) Co (HK:1478) has released an update.
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Q Technology (Group) Co reported mixed sales results for June 2024, with a significant month-on-month decrease in camera module sales due to customer project cycles but a strong year-on-year increase, reflecting a robust demand in the smartphone market and growth in their mid-to-high-end and automotive camera products. Conversely, fingerprint recognition modules saw a notable increase both month-on-month and year-on-year, attributed to increased market demand and the company’s growing market share. Shareholders and investors are advised to exercise caution, as the sales figures are provisional and unaudited.
For further insights into HK:1478 stock, check out TipRanks’ Stock Analysis page.
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