China Display Optoelectronics Technology Holdings (HKG:0334) expects at least 350% higher attributable profit for 2024 compared with 13.1 million yuan from 2023, a Tuesday Hong Kong bourse filing said.
The flat panel display products company attributed the expected surge to an increase in revenue from its tablet module business and a reduction in realized loss on derivative financial instruments during the reporting period.
Shares of the company closed over 3% higher on Tuesday.
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