Sun.King Technology Group Limited (HK:0580) has released an update.
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Sun.King Technology Group Limited projects a significant revenue increase of over 40% and a profitable turnaround with earnings between RMB 30 to 35 million for the first half of 2024, contrasting the loss in the same period of 2023. This positive financial shift is attributed to successful deliveries in large-scale projects and a higher proportion of high-margin product sales. Investors are advised to exercise caution when trading the company’s shares.
For further insights into HK:0580 stock, check out TipRanks’ Stock Analysis page.
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