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<Alert>CHINAHONGQIAO (01378.HK) Annual NP May Soar 95% on Product Price Surge
Recommend 9 Positive 16 Negative 2 |
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CHINAHONGQIAO (01378.HK) has issued a positive profit alert, anticipating that its net profit for the year ending December 2024 may leap by around 95% compared to the previous year. The leap is attributable to the rise in sales prices of the group's aluminum alloy products and alumina products, along with an increase in the sales volume of alumina products. Additionally, the procurement prices of major raw materials, coal and anode carbon blocks, have decreased, significantly boosting product gross profit. AAStocks Financial News |
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