First Tractor Co (HK:0038) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into HK:0038 stock, check out TipRanks’ Stock Analysis page.
