tiprankstipranks
Time Interconnect Expects Substantial Profit Rise
Company Announcements

Time Interconnect Expects Substantial Profit Rise

Time Interconnect Technology Limited (HK:1729) has released an update.

Time Interconnect Technology Limited anticipates a robust financial outlook, projecting a 30% to 40% rise in net profit for the six months ending June 30, 2024, compared to the same period in the previous year. The increase is attributed to heightened sales in medical equipment, data center cable assemblies, and specialty digital cables, all contributing to improved profit margins. Shareholders and potential investors are encouraged to remain prudent as the company finalizes its results, which are subject to review and audit.

For further insights into HK:1729 stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!