First Tractor Co (HK:0038) has released an update.
First Tractor Co anticipates a 2.71% increase in overall tractor sales for 2024, driven by a significant 12.49% rise in high-horsepower tractor sales. However, the company expects a decline in medium and small-horsepower tractors and diesel engine sales. Investors are cautioned to consider the preliminary nature of these figures and the potential risks involved.
For further insights into HK:0038 stock, check out TipRanks’ Stock Analysis page.