GD-HKGBA HLDGS's stock surged 13.16% during intraday trading on Friday, reflecting strong investor interest.
The surge follows the company's recent financial report showing a dramatic profit turnaround, attributed to the acquisition of Tiandun Data, a leading AI computing power service provider. The acquisition, completed last October, reversed the group's net loss of approximately HK$2.0413 billion in fiscal 2024 to an attributable net profit of about HK$73 million in fiscal 2025.
Tiandun Data contributed significantly to revenue and profit, with its AI computing power services segment achieving a high gross profit margin of 39.6%. Supplementary data indicates Tiandun Data's independent revenue for 2025 grew 757.9% year-on-year, suggesting further profit potential as the business scales.
Comments