powerballdrawingtonight| Huilang Technology rose nearly 17% in the afternoon, Essence International maintains a "buy" rating
Huilang Technology (01860) shares rose 16% in the afternoonpowerballdrawingtonight.78%powerballdrawingtonight, now report 3powerballdrawingtonight.41 HKDpowerballdrawingtonight, the turnover was 26.8672 million Hong Kong dollars.
According to an analysis report recently released by Essence International, Huilang Technology announced its 2024Q1 results, recording revenue of US$301 million in a single quarter, a year-on-year increase of 23.3%, and net profit of US$7.154 million, a year-on-year increase of 1.2 times. Both revenue and profit reached new highs. Taken together, we forecast that the 2024/2025/2026 EPS will be US$0.02/0.04/0.05, giving 2024 PS1x with a target price of HK$6.2, maintaining a "Buy" rating.
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