FIH Mobile's Unit Enters Into JV; Share Prices Up by 9%

FIH Mobile (HKG:2038) unit FIH Co. entered into an agreement with several partners, including Hon Hai Investment Management (HCM) and Futai International Investment (Futai), to establish a joint ventu

MT Newswires5minutes ago

Changes in Hong Kong stocks | Hongteng Precision (06088) is expected to rise by more than 11% and is expected to turn a loss into profit in the first quarter. Management will provide more information updates on the results

Hongteng Precision (06088) rose more than 11%. As of press release, it rose 11.32% to HK$2.36, with a turnover of HK$585.22,300.

Zhitong Finance02:16 ET

Changes in Hong Kong stocks | Hongteng Precision (06088) is expected to rise more than 5%, and net profit for the first quarter is expected to turn a year-on-year loss into profit. Management says it will continue to increase production capacity for Apple

The Zhitong Finance App learned that Hongteng Precision (06088) rose by more than 5%. As of press release, it had risen 5.05% to HK$2.08, with a turnover of HK$13.868,500. According to the news, Hongteng Precision recently announced that the Group's net profit for the three months ending March 31, 2024 is estimated to be between 7 million US dollars and 10 million US dollars, with a loss of about 9 million US dollars for the same period last year. The turning of losses into profit in the first quarter was mainly due to improvements in management efficiency and a gradual recovery in demand in the computer and consumer electronics and network equipment terminal markets. CMB International previously released a research report saying that Hong Tengjing

Zhitong FinanceApr 23 23:39 ET

FIH Mobile Limited's (HKG:2038) 33% Price Boost Is Out Of Tune With Revenues

The FIH Mobile Limited (HKG:2038) share price has done very well over the last month, posting an excellent gain of 33%. Unfortunately, the gains of the last month did little to right the losses of

Simply Wall StApr 19 21:08 ET

富智康集團：2023年年報

Futu NewsApr 18 04:39 ET · Announcements

Changes in Hong Kong stocks | Hongteng Precision (06088) rebounded by nearly 5% and expected net profit for the first quarter to be no less than 7 million US dollars, turning a year-on-year loss into profit

Hongteng Precision (06088) rebounded by nearly 5%, falling more than 25% over the past four trading days. As of press release, it rose 4.95% to HK$1.91, with a turnover of HK$13.1483 million.

Zhitong FinanceApr 16 22:33 ET