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TEXHONG INTL GP Once Balloons ~18% to 9-Mth+ High; 1H NP Expected to Spike 60%
TEXHONG INTL GP (02678.HK) opened surging 13% this morning (25th) and once climbed to an over nine-month high of HKD4.8 with a rise of 17.9% in early trading. It last traded at HKD...
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TEXHONG INTL GP Once Balloons ~18% to 9-Mth+ High; 1H NP Expected to Spike 60%
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TEXHONG INTL GP (02678.HK)  -0.020 (-0.419%)   opened surging 13% this morning (25th) and once climbed to an over nine-month high of HKD4.8 with a rise of 17.9% in early trading. It last traded at HKD4.73, up 16.22%, with a volume of 1.2415 million shares, involving HKD5.7435 million.

The group issued a positive profit alert last night (24th) anticipating its 1H25 net profit to soar by around 60% YoY from RMB280 million recorded in the same period last year. The increase was mainly due to a rebound in domestic and international market orders, driving improvements in the group's sales volume and capacity utilization and leading to an enhanced product GPM.
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