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The latest update is out from Black Sesame International Holding Limited ( (HK:2533) ).
Black Sesame International Holding Limited has announced a significant expected growth in revenue and net profit for the year ended December 31, 2024. The company anticipates a revenue increase of 44% to 60% and a net profit of not less than RMB100 million, a stark turnaround from the previous year’s net loss. This growth is attributed to enhanced market penetration and product line expansion in autonomous driving and related sectors, as well as fair value gains in financial instruments. The final audited results are yet to be released.
More about Black Sesame International Holding Limited
Black Sesame International Holding Limited is a company incorporated in the Cayman Islands and operates in the automotive industry. It focuses on autonomous driving products and solutions, supplying chips and solutions to domestic automotive OEMs and tier 1 suppliers, including companies like BYD, Dongfeng, and Geely.
YTD Price Performance: -18.58%
Average Trading Volume: 5,460,029
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about 2533 stock, go to TipRanks’ Stock Analysis page.
