lk tech (00558.HK): The die-casting business is expected to rebound, and the dkm injection machine business is experiencing strong growth.

Overall, lk tech ('the Company') reported mid-term revenue and profits attributable to shareholders slightly below our expectations. The Company's announced revenue for the first half of the 2025 fiscal year was 2.59 billion Hong Kong dollars, a 5.8% year-on-year decrease, lower than our expectations, mainly due to the company's casting business revenue declining by 18.7% year-on-year to 1.62 billion Hong Kong dollars.

guotai junan iDec 3 16:57 · Researches

[Brokerage Focus] morgan stanley: lk tech (00558) performance did not meet expectations, die casting business declined.

Jinguo Financial News | The research report released by morgan stanley indicates that lk tech (00558) did not meet expectations for the first quarter of fiscal year 2025, primarily due to the decline in the machinery business. The report states that lk tech's revenue for the first quarter of fiscal year 2025 was 2.6 billion HKD, a year-on-year decrease of 6% and a quarter-on-quarter decrease of 16%, which is lower than the expectations of morgan stanley and market consensus. Among these, revenue from the machinery business decreased by 19% year-on-year, while PIMM and CNC center businesses grew by 30% and 14% year-on-year, respectively. The gross margin reached 29%, an increase of 3 percentage points year-on-year and 1 percentage point quarter-on-quarter, higher than

Golden Guard Financial NewsDec 3 10:08 · Ratings

LK Technology's Profit Plunges 28% in Fiscal H1

MT NewswiresDec 2 18:49

lk tech (00558) will distribute a mid-term dividend of 0.03 Hong Kong dollars per share on January 9, 2025.

lk tech (00558) announced that the company will pay an interim dividend of 0.0... per share on January 9, 2025.

Zhitong FinanceDec 2 12:07

Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.

①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.

cls.cnDec 2 07:04

lk tech (00558.HK) mid-term net profit of 0.148 billion yuan dropped by 27.7%. Dividend of 3 cents.

lk tech (00558.HK) announced its interim results for the six months ending in September, with revenue of 2.594 billion yuan, a year-on-year decrease of 5.8%. Recorded a net profit of 0.148 billion yuan, a decline of 27.7%, and earnings per share of 10.9 cents. The interim dividend is 3 cents, compared to 4.5 cents in the same period last year.

AASTOCKSDec 1 16:18