tiprankstipranks
Gold Peak Technology Sees Strong Growth in H1 2024
Company Announcements

Gold Peak Technology Sees Strong Growth in H1 2024

Gold Peak Technology Group Limited (HK:0040) has released an update.

Don't Miss Our Christmas Offers:

Gold Peak Technology Group Limited reported a robust performance for the first half of their fiscal year, with a 7.7% revenue increase to HK$3,535.6 million, driven by strong growth in their battery and branded acoustics businesses. The company’s profit before finance costs soared by 59.9%, and earnings per share rose significantly, prompting the declaration of an interim dividend. These results highlight the company’s effective cost control measures and enhanced factory efficiency amidst fluctuating global market dynamics.

For further insights into HK:0040 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App