-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Anker Innovation (00668) falls more than 9%, and the third quarterly report is about to be revealed, Goldman Sachs predicts that operating profit will fall quarter by quarter
Share
Listen to the news

The Zhitong Finance App learned that Anke Innovation (00668) fell for four consecutive trading days. As of press release, it fell 8.88% to HK$91.3, with a turnover of HK$77.88 million.

According to the news, according to Anker Innovation's previous announcement, the board of directors meeting will be held on October 29 to consider and approve the third quarter results and announcements of the company and its subsidiaries for the nine months ended September 30, 2026. Goldman Sachs predicts that Q3 operating profit (excluding tariff rebate contributions) will increase by about 28% year over year, falling quarter by quarter from 39% in Q2. According to reports, Prime Day in 2025 was in July, but this year it was brought forward to June, and some of the big sales promotion went ahead to the second quarter.

In addition, in the first half of this year, Anke Innovation received a partial refund of IEEPA tariffs paid in the previous year and reduced operating costs. In the first half of the year, it received 1,447 million yuan in tax refunds, an increase of 689 million yuan over the previous year. This “windfall” directly boosted Anke's gross margin from 44.73% to 49.82%, an increase of 5.09 percentage points over the previous year.

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