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Hon Hai Precision Industry ( (HNHPF) ) has issued an announcement.
Hon Hai Precision Industry’s subsidiary, Hongfujin Precision Electronics, has announced the disposal of financial products worth RMB 632,869,462.80, resulting in a profit of RMB 132,869,462.80. This transaction, involving Guangdong Finance Trust as the counterparty, is not related to any business model change and is aimed at investment yielding non-guaranteed floating income, reflecting the company’s strategic financial management and investment strategies.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a prominent player in the electronics manufacturing industry, specializing in the production of electronic components and products for major global brands. The company is headquartered in Taiwan and is known for its significant role in the assembly of consumer electronics, with a strong market focus on providing manufacturing services to technology companies worldwide.
YTD Price Performance: 65.63%
Average Trading Volume: 48,028
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $76.72B
Learn more about HNHPF stock on TipRanks’ Stock Analysis page.
