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CALB Group Co., Ltd. Projects Significant Profit Growth

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CALB Group Co., Ltd. Projects Significant Profit Growth

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An announcement from CALB Co., Ltd. Class H ( (HK:3931) ) is now available.

CALB Group Co., Ltd. has issued a positive profit alert, expecting a net profit increase of 80% to 100% for the year ended December 31, 2024, compared to the previous year. This growth is attributed to the company’s expanded operations, improved economies of scale, and enhanced product performance, alongside cost reductions, although these figures are based on unaudited financials and subject to final adjustments.

More about CALB Co., Ltd. Class H

CALB Group Co., Ltd is a joint stock limited company based in the People’s Republic of China. It operates in the energy sector, focusing on advanced technology and robust product capabilities to enhance its offerings and market presence.

YTD Price Performance: 30.79%

Average Trading Volume: 502,215

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$29.81B

For a thorough assessment of 3931 stock, go to TipRanks’ Stock Analysis page.

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