HK Stock Market Move | In a morning session, UNITY GP HLDGS (01539) rose by more than 5%, with a significant decrease in the price-earnings ratio. Net profit for the year increased by 3.2 times year-on-year.

date
03/07/2025
avatar
GMT Eight
ZhiXing Group Holdings (01539) rose more than 5% in the morning session, with a current P/E ratio of 41, significantly lower than before. As of the time of writing, it rose by 5.13%, to 0.41 Hong Kong dollars, with a turnover of 1.3441 million Hong Kong dollars.
UNITY GP HLDGS (01539) rose more than 5% in early trading, with a current P/E ratio of 41, which is significantly lower than before. As of the time of writing, the stock has risen by 5.13% to HK$0.41, with a turnover of HK$1.3441 million. In terms of news, UNITY GP HLDGS recently announced its annual performance for the fiscal year ending on March 31, 2025, with revenue of approximately HK$157 million, a year-on-year increase of 69.91%; the company's attributable profit to owners was HK$35.532 million, a year-on-year increase of 323.66%. CMB International previously pointed out that Unity Group is an Energy Management Contract (EMC) service provider for LED lighting products. Since 2022, the company has signed multiple agreements with regional governments in Malaysia, strengthening its market position locally. The bank expects the company's core EPS compound annual growth rate to reach 1.8 times in the 25-26 fiscal year, with further improvements expected from the breakthrough in the Middle East market according to their current forecast.