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China Hongqiao Group Expects 95% Profit Boost in 2024
Company Announcements

China Hongqiao Group Expects 95% Profit Boost in 2024

China Hongqiao Group Ltd. (HK:1378) has released an update.

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China Hongqiao Group Ltd. anticipates a significant 95% increase in net profit for 2024, driven by higher prices and volumes of aluminium products and reduced costs of raw materials. This positive outlook highlights lucrative opportunities for investors in the aluminium sector as the company capitalizes on market dynamics.

For further insights into HK:1378 stock, check out TipRanks’ Stock Analysis page.

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