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Shanghai Conant Expects Significant Profit Gain
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Shanghai Conant Expects Significant Profit Gain

Shanghai Conant Optical Co. Ltd. Class H (HK:2276) has released an update.

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Shanghai Conant Optical Co. Ltd. forecasts a bright financial outlook, anticipating an increase of no less than 30% in net profit for the first half of 2024, compared to the same period last year. This optimistic projection is attributed to successful international and domestic business expansion, sales growth in high-value products, and enhanced production and labor efficiency through automation. Investors are advised to exercise caution as these are preliminary results and subject to change upon further review.

For further insights into HK:2276 stock, check out TipRanks’ Stock Analysis page.

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