The latest update is out from APT Electronics Co., Ltd. Class H ( (HK:2551) ).
APT Electronics Co., Ltd. has issued a positive profit alert, indicating an expected growth in net profit of at least 40% and adjusted net profit of at least 70% for the year ending December 31, 2024, compared to the previous year. This growth is primarily driven by their strategic transformation, industry value chain synergies, and favorable market conditions due to government initiatives, which have significantly increased sales and profitability across their business segments.
More about APT Electronics Co., Ltd. Class H
APT Electronics Co., Ltd. is a company based in the People’s Republic of China, specializing in intelligent vision products and systems. They have transitioned from being a traditional LED manufacturer to focusing on advanced ‘LED+’ technologies, encompassing segments like intelligent automotive vision products, advanced displays, and high-end lighting products.
YTD Price Performance: 1.42%
Average Trading Volume: 2,886,737
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