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LEAPMOTOR Spikes 8% on Positive Profit Alert
Recommend 2 Positive 3 Negative 5 |
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LEAPMOTOR (09863.HK) peaked at $32.5 after opening 3.67% higher today (14th). It last posted at $32.4, up 8%, with 973,300 shares traded, involving $31.1258 million. The company had earlier issued positive profit alert. LEAPMOTOR forecast to turn from a loss to a profit in 4Q24, realizing its goal of turning net profit positive in a single quarter a year ahead of schedule. The company expected its operating revenue to be no less than RMB30.5 billion in 2024, with a YoY growth of no less than 80%, mainly due to a 104% increment in sales volume to 293,700 vehicles within the year. AAStocks Financial News |
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