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An announcement from Tak Lee Machinery Holdings Limited ( (HK:2102) ) is now available.
Tak Lee Machinery Holdings Limited has announced a significant expected increase in net profit for the six months ending January 2025, with an anticipated rise of 60% to 70% compared to the same period in 2024. This growth is attributed to heightened demand for heavy equipment sales and leasing, spurred by government-led infrastructure projects in Hong Kong. The financial results are still being finalized and will be officially published later in March 2025.
More about Tak Lee Machinery Holdings Limited
Tak Lee Machinery Holdings Limited operates in the heavy machinery industry, focusing on the sales and leasing of heavy equipment. The company is involved in projects related to developments, railway construction, and landfill extensions, primarily driven by government initiatives in the Hong Kong Special Administrative Region.
YTD Price Performance: 41.79%
Average Trading Volume: 185,555
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$190M
See more insights into 2102 stock on TipRanks’ Stock Analysis page.