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

Changes in Hong Kong stocks | Hongteng Precision (06088) once fell more than 7% in 4 days, and its stock price fell 20% in the first quarter, and net profit is expected to turn a loss into a profit

Hongteng Precision (06088) once fell by more than 7%. As of press release, it was down 4.43% to HK$1.94, with a turnover of HK$23.934 million.

Zhitong FinanceApr 15 22:59 ET

[Broker Focus] CMB International maintains Hongteng Precision (06088) “buy” rating indicating that recent stock price adjustments provide better buying opportunities

Jinwu Financial News | According to CMB International Development Research Report, the bank previously held an NDR meeting with the management of Hongteng Precision (06088). The company's recent stock price was weak, partly due to news reports that Apple's next-generation TWS products will be manufactured at Foxconn's subsidiary, while Foxconn Group has two listed companies in Hong Kong, namely Hongteng Precision and Fuzhikang Group (02038). Fuzhikang Group's stock price has risen 73% in the past week. Hongteng Precision's management reiterated at the NDR meeting that the company's Apple Air Pods production line had climbed very smoothly, and that the Vietnamese plant had already been built in the first quarter

金吾財訊Apr 15 03:48 ET