-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Hard Egg Innovation (00400) rose more than 10% in the afternoon and is expected to double its revenue and operating profit at most in the first half of the year
Share
Listen to the news

The Zhitong Finance App learned that Hard Egg Innovation (00400) rose more than 10% in the afternoon. As of press release, it had risen 9.74% to HK$4.225, with a turnover of HK$15.484,500.

According to the news, Hard Egg Innovation released a performance forecast. Thanks to the explosive growth in demand for AI computing power, the company expects to achieve revenue of about 12 billion yuan to 14 billion yuan in the first half of the year, an increase of 80% to 100% over the previous year; operating profit is expected to increase 60% to 100% year on year. Currently, customer demand is strong, orders are abundant, and business visibility is good. In particular, the new AI Token factory business has already received more than 1 billion US dollars in intended orders. It is expected that the Group's business will continue to grow rapidly in the second half of the year, and the AI Token factory business will become the Group's second growth curve.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending