Global New Material International Holdings Limited (HK:6616) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Global New Material International Holdings Limited, the largest shareholder of CQV with a 42.45% stake, has reported significant growth in its subsidiary’s revenue and net profit for the first half of 2024. CQV’s unaudited financial results show a substantial increase in total revenue to KRW 30.68 billion and net profit to KRW 5.10 billion, alongside a solid rise in total assets. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
For further insights into HK:6616 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money