First Tractor Co (HK:0038) has released an update.
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First Tractor Co anticipates a 2.71% increase in overall tractor sales for 2024, driven by a significant 12.49% rise in high-horsepower tractor sales. However, the company expects a decline in medium and small-horsepower tractors and diesel engine sales. Investors are cautioned to consider the preliminary nature of these figures and the potential risks involved.
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