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Ruifeng Power Group Projects Significant Profit Increase for 2024

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Ruifeng Power Group Projects Significant Profit Increase for 2024

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Ruifeng Power Group Co., Ltd. ( (HK:2025) ) has shared an update.

Ruifeng Power Group Co., Ltd. has announced a positive profit alert, expecting a significant increase in net profit for the year ended December 31, 2024. The anticipated profit, ranging from RMB17.5 million to RMB20.5 million, marks an increase of 54.9% to 81.4% compared to the previous year, driven by a 33.2% revenue growth and a value-added tax input deduction. The final audited results will be disclosed on March 26, 2025.

More about Ruifeng Power Group Co., Ltd.

Ruifeng Power Group Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the power industry. The company focuses on the production and distribution of power-related products and services, with a significant market presence in Hong Kong.

YTD Price Performance: -23.58%

Average Trading Volume: 407,333

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.97B

See more data about 2025 stock on TipRanks’ Stock Analysis page.

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