Twintek Investment Holdings Ltd. (HK:6182) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Twintek Investment Holdings Ltd. anticipates a remarkable financial turnaround, projecting a net profit of up to HK$3.0 million for the six months ending September 2024, reversing a net loss of HK$16.9 million from the same period in 2023. This positive shift is largely due to a reversal of a previous impairment loss of around HK$6.5 million. Investors should remain cautious as final financial results will be confirmed in late November.
For further insights into HK:6182 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue