Time Interconnect Technology Anticipates 30% to 40% Higher Profits

MT Newswires Live07-15

Time Interconnect Technology (HKG:1729) anticipates a 30% to 40% increase in its net profit for the six months ended June 30, as compared to the net profit from the six months ended Sept. 30, 2023, a Monday filing with the Hong Kong Exchange said.

The company attributed the increase to gaining better profit margins in medical equipment, data center in the cable assembly sector, and specialty cable in the digital cable sector.

Price (HKD): $3.72, Change: $-0.02, Percent Change: -0.53%

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