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IDT INT'L: Annual Report 2024
Trump's dramatic turnaround on tariffs has sparked a surge in Hong Kong's Consumer Electronics market, with TCL ELECTRONICS soaring 30% leading related stocks.
① What does President Trump's 90-day suspension of tariffs on certain countries mean for the Consumer Electronics Industry Chain? ② TCL ELECTRONICS, FIT HON TENG and other symbols have rebounded over 20% after being oversold. Is this the starting point for valuation repair or just a flash in the pan?
IDT International Limited (HKG:167) Looks Just Right With A 197% Price Jump
IDT International Returns to Profit in 2024
IDT INT'L: ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
IDT INT'L (00167.HK) profit alert: expecting a net profit of approximately 0.115 billion HKD for 2024.
On March 26, Gelonghui reported that IDT INT'L (00167.HK) announced that for the year ending December 31, 2024, based on the unaudited consolidated management accounts and preliminary assessments of information currently available, the group expects to record a net profit of approximately 0.115 billion Hong Kong dollars, compared to a net loss of approximately 14.2 million Hong Kong dollars for the year ending December 31, 2023, primarily due to the restoration of business operations in the fiscal year 2024, whereas operations were largely suspended in the fiscal year 2023.
