United Strength Power Holdings Ltd. (HK:2337) has released an update.
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United Strength Power Holdings Ltd. has issued a positive profit alert, announcing that their net profit for the first half of 2024 is expected to increase by at least 300% to over RMB 29 million. This surge is largely due to a boost in petroleum product sales, driven by an expanded customer base, government-issued consumption vouchers, and a post-COVID economic recovery in Northeastern China. Investors are cautioned to await the official interim results before making any trading decisions.
For further insights into HK:2337 stock, check out TipRanks’ Stock Analysis page.