CALB (3931.HK) Announced a Positive Profit Alert
HONG KONG, Feb 24, 2025 – (ACN Newswire via SeaPRwire.com) – CALB Group Co., Ltd. (“CALB” or “the Company,” stock code: 3931.HK) published a positive profit announcement. The Company is expected to record a net profit ranging from approximately RMB786 million to RMB874 million for the year ended 31 December 2024, representing an increase ranging from approximately 80% to 100% as compared to the net profit of RMB437 million for the same period last year. The expected growth is primarily attributable to the following factors: Firstly, the Company broadened its operations and achieved sustained business growth, which significantly improved its economies of scale; secondly, the Company, leveraging its advanced technology and robust product capabilities, continually improved its product performance and consistently lowered costs, therefore resulting in a year-on-year increase in profits during 2024.CALB stated that, as one of the fastest-growing international new energy enterprises, the Company adheres to a dual-d…