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United Strength Power Holdings Projects Significant Profit Increase for 2024

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United Strength Power Holdings Ltd. ( (HK:2337) ) has issued an announcement.

United Strength Power Holdings Limited has announced a positive profit alert, expecting a significant increase in net profit for the year ended 31 December 2024. The company anticipates a net profit between RMB65.0 million and RMB72.0 million, compared to RMB43.3 million in the previous year. This growth is attributed to an increase in gross profit driven by higher revenue and the absence of an impairment loss recorded in the previous year. The final results are yet to be audited and will be disclosed by the end of March 2025. Stakeholders are advised to exercise caution when dealing with the company’s shares.

More about United Strength Power Holdings Ltd.

YTD Price Performance: -6.58%

Average Trading Volume: 770,140

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$539.3M

Find detailed analytics on 2337 stock on TipRanks’ Stock Analysis page.

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