Qianhai Health Holdings Ltd. (HK:0911) has released an update.
Qianhai Health Holdings Limited has issued a positive profit alert for the first half of 2024, anticipating a net profit of approximately HK$ 15 million, a significant improvement compared to the HK$112 million loss in the same period of 2023. The rebound is attributed to higher semiconductor prices, a strategic shift to higher-margin products, and no additional inventory provisions needed as opposed to the previous year. Investors are cautioned that these preliminary results are subject to final adjustments with complete details expected to be released in August 2024.
For further insights into HK:0911 stock, check out TipRanks’ Stock Analysis page.
