[ET Net News Agency, 26 April 2018] Xinyi Automobile Glass Hong Kong Enterprises
(08328) said the net profit attributable to the equity holders of the company for the
three months ended 31 March is expected to increase by 12 times to 15 times, as compared
with the net profit of HK$124,000 for the three months ended 31 March 2017.
It attributed the turnaround to (1) the increase in revenue and profitability
contributed by the increasing sales of automobile glass with repairs and installation
services; (2) the increases in revenue and profitability contributed by the sales of
lithium battery products while this segment did not contribute revenue and had incurred
losses in the same period last year; and (3) the increase in revenue and profitability
contributed by the trading of forklift while there was no such trading activity in the
same period last year. (KL)
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08328 XY ELEC STORAGE
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1.550 0.000 (0.000%) Others
26/04/2018 17:55
Xinyi HK (08328) issues positive profit alert
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