BILLION INDUSTRIAL HOLDINGS(02299.HK): Positive Profit Forecast, Interim Profit Attributable to Owners Expected to Surge by No Less Than 160%
NewTimeSpace News: On 21 July 2026,BILLION INDUSTRIAL HOLDINGS(02299.HK) issued a positive profit forecast, expecting a year-on-year jump of no less than 160% in its interim profit attributable to owners. The growth is mainly driven by higher oil prices that lifted gross profit margins of its products, which led to a sharp rise in total sales revenue.
BILLION INDUSTRIAL HOLDINGSstated that the above figures are preliminary estimates and have not been reviewed by the auditors or audit committee. The final interim results will be published in due course in accordance with relevant requirements. Shareholders and investors are reminded to exercise caution when trading the Company’s securities.
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