Stock Track | FIT Hon Teng Surges 6% on Improved First-Half Earnings

Stock Track08-13

Shares of FIT Hon Teng (HKG:6088), a leading electrical component manufacturer, soared 6.14% in intraday trading on Monday, outperforming the broader market. The stock's rally was likely driven by the company's improved financial performance in the first half of the year.

According to a filing with the Hong Kong Stock Exchange, FIT Hon Teng returned to profitability in the first half, reporting an attributable profit of $32.5 million, compared to a loss of $8.9 million in the same period last year. The company's earnings per share (EPS) also turned positive at $0.0046, reversing from a loss per share of $0.0013 in the previous year.

FIT Hon Teng's revenue rose to $2.07 billion, up from $1.78 billion a year earlier, reflecting strong demand for its products. However, the company did not declare an interim dividend for the period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1184058740?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-13 09:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1184058740","market":"hk","top_or_hot":-1,"title":"Stock Track | FIT Hon Teng Surges 6% on Improved First-Half Earnings","media":"Stock Track","content":"<p>Shares of FIT Hon Teng (HKG:6088), a leading electrical component manufacturer, soared 6.14% in intraday trading on Monday, outperforming the broader market. The stock's rally was likely driven by the company's improved financial performance in the first half of the year.</p>\n\n<p>According to a filing with the Hong Kong Stock Exchange, FIT Hon Teng returned to profitability in the first half, reporting an attributable profit of $32.5 million, compared to a loss of $8.9 million in the same period last year. The company's earnings per share (EPS) also turned positive at $0.0046, reversing from a loss per share of $0.0013 in the previous year.</p>\n\n<p>FIT Hon Teng's revenue rose to $2.07 billion, up from $1.78 billion a year earlier, reflecting strong demand for its products. However, the company did not declare an interim dividend for the period.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | FIT Hon Teng Surges 6% on Improved First-Half Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | FIT Hon Teng Surges 6% on Improved First-Half Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n2024-08-13 09:38 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of FIT Hon Teng (HKG:6088), a leading electrical component manufacturer, soared 6.14% in intraday trading on Monday, outperforming the broader market. The stock's rally was likely driven by the...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06088","symbol_name":"鸿腾精密","start_time":0,"source_url":"","article_id":"1184058740","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184058740","pubTimestamp":1723513127,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of FIT Hon Teng , a leading electrical component manufacturer, soared 6.14% in intraday trading on Monday, outperforming the broader market. The stock's rally was likely driven by the company's improved financial performance in the first half of the year.According to a filing with the Hong Kong Stock Exchange, FIT Hon Teng returned to profitability in the first half, reporting an attributable profit of $32.5 million, compared to a loss of $8.9 million in the same period last year. The com","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06088":"鸿腾精密"},"translate_title":"上半年盈利改善，鸿腾股价飙升6%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06088":1},"content_text":"Shares of FIT Hon Teng (HKG:6088), a leading electrical component manufacturer, soared 6.14% in intraday trading on Monday, outperforming the broader market. The stock's rally was likely driven by the company's improved financial performance in the first half of the year.\nAccording to a filing with the Hong Kong Stock Exchange, FIT Hon Teng returned to profitability in the first half, reporting an attributable profit of $32.5 million, compared to a loss of $8.9 million in the same period last year. The company's earnings per share (EPS) also turned positive at $0.0046, reversing from a loss per share of $0.0013 in the previous year.\nFIT Hon Teng's revenue rose to $2.07 billion, up from $1.78 billion a year earlier, reflecting strong demand for its products. However, the company did not declare an interim dividend for the period.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1184058740"}