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The latest announcement is out from Sun.King Technology Group Limited ( (HK:0580) ).
Sun.King Technology Group Limited announced a significant increase in expected revenue for the year ending December 31, 2024, driven by successful delivery of several high-profile transmission and energy storage projects. The company’s profit is expected to rise by approximately 200% compared to 2023, attributed to increased revenue and a higher proportion of earnings from high-margin products, positioning the company strongly within its industry.
More about Sun.King Technology Group Limited
Sun.King Technology Group Limited operates in the technology sector, focusing on the delivery of direct current transmission, flexible transmission, grid energy storage, and overseas transmission projects.
YTD Price Performance: -6.25%
Average Trading Volume: 1,081,685
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$2.17B
Find detailed analytics on 0580 stock on TipRanks’ Stock Analysis page.