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Xingye Alloy Materials Group Projects Over 25% Profit Increase

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Xingye Alloy Materials Group Projects Over 25% Profit Increase

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The latest update is out from Xingye Alloy Materials Group Limited ( (HK:0505) ).

Xingye Alloy Materials Group Limited has announced a significant profit increase of over 25% for the year ending December 31, 2024, compared to the previous year. This growth is attributed to the rise in copper prices and sales volume, although the final results are pending and subject to adjustments.

More about Xingye Alloy Materials Group Limited

Xingye Alloy Materials Group Limited is a company incorporated in the Cayman Islands, focusing on the production and sales of alloy materials, particularly copper products.

Average Trading Volume: 193,858

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$934.2M

For detailed information about 0505 stock, go to TipRanks’ Stock Analysis page.

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