Q Technology (Group) Co (HK:1478) has released an update.
Q Technology (Group) Co has issued a positive profit alert, anticipating a 400% to 500% increase in consolidated profits for the first half of 2024 compared to the same period in 2023. This surge is attributed to improved global smartphone sales, advances in the company’s automotive and IoT camera module business, and a strategic focus on high-end camera modules. Investors are advised to exercise caution and anticipate the detailed interim results set for publication in mid-August 2024.
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