China Hanking Holdings Ltd. ( (HK:3788) ) has issued an announcement.
China Hanking Holdings Limited has announced a positive profit alert for the fiscal year 2024, projecting a 16% year-on-year profit increase to approximately RMB175 million. This growth is attributed to increased gross profit in its iron ore and high-purity iron business, driven by steady production, reduced production costs, and improved efficiency.
More about China Hanking Holdings Ltd.
China Hanking Holdings Limited is a company incorporated in the Cayman Islands with limited liability, focusing on the production and sale of iron ore and high-purity iron.
YTD Price Performance: 6.49%
Average Trading Volume: 226,918
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.61B
Learn more about 3788 stock on TipRanks’ Stock Analysis page.