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Zhejiang Shibao Co. Ltd. Class H ( (HK:1057) ) has provided an update.
Zhejiang Shibao Co. Ltd. reported a strong financial performance for the first half of 2025, with a 35.32% increase in revenue and a 39.09% rise in net profit attributable to shareholders compared to the same period in 2024. The company also saw a significant improvement in net cash flows from operating activities, which surged by 484.21%. These results reflect the company’s robust operational capabilities and its strategic positioning in the automotive industry, suggesting a positive outlook for stakeholders.
More about Zhejiang Shibao Co. Ltd. Class H
Zhejiang Shibao Co. Ltd. is a joint stock company incorporated in China, operating in the automotive industry. The company primarily focuses on manufacturing steering systems and related components for vehicles, catering to both domestic and international markets.
Average Trading Volume: 21,870,351
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.88B
For detailed information about 1057 stock, go to TipRanks’ Stock Analysis page.