Elate Holdings Limited provided preliminary unaudited group earnings guidance for the six months ended 30 June 2023. For the period, the company is expected that the Group to record a net profit attributable to shareholders of approximately USD 0.3 million (corresponding period in 2022: net profit of approximately USD 3.5 million). The Board considers that the decrease in net profit for the six months ended 30 June 2023 was mainly attributable to the decrease in selling price of natural graphite products and increase in the cost of graphite production, which was mainly due to the over capacity of artificial graphite in China.
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5-day change | 1st Jan Change | ||
0.197 HKD | -1.50% | +5.91% | +7.65% |
Mar. 28 | Elate Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Mar. 21 | Elate to See Rise in 2023 Profit | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+7.65% | 9.27M | |
+12.06% | 107B | |
-0.70% | 29.43B | |
+12.05% | 22.21B | |
-16.05% | 17.75B | |
-6.34% | 17.25B | |
+8.74% | 15.28B | |
-4.89% | 12.2B | |
-1.93% | 10.42B | |
-8.86% | 9.04B |
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- Elate Holdings Limited Provides Preliminary Unaudited Group Earnings Guidance for the Six Months Ended 30 June 2023