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An announcement from Billion Industrial Holdings Ltd. ( (HK:2299) ) is now available.
Billion Industrial Holdings Ltd. has issued a positive profit alert, anticipating a substantial increase in profit for the year ending December 31, 2024, compared to the previous year. This expected growth, which could reach up to 120%, is largely driven by a rise in sales volume of polyester products, underscoring the company’s strengthened market position and potential impact on stakeholders.
More about Billion Industrial Holdings Ltd.
Billion Industrial Holdings Ltd. operates in the manufacturing industry, primarily focusing on the production of polyester filament yarns and polyester products. The company is noted for its significant role in the textile market, supplying high-demand polyester materials.
YTD Price Performance: -3.37%
Average Trading Volume: 13,076
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$9.1B
Learn more about 2299 stock on TipRanks’ Stock Analysis page.