GP Industries (SGX:G20) expects a significant increase in profit for the first half of fiscal 2025, projecting earnings between SG$13.5 million and SG$15 million, compared with SG$8.9 million in the same period last year, according to a Friday filing on the Singapore Exchange.
The growth is driven by stronger demand for its primary batteries and KEF brand products, compensating for a drop in rechargeable battery business following the January distribution of shares in GP Energy Tech.
The company attributed the increase to higher gross margins, better product mix, and operational efficiencies from restructuring its manufacturing in China and Southeast Asia.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。