Qiaoxin Revenue Expected to Rise

Reported 8 months ago

Qiaoxin (1563) saw fluctuations on June 21st, with the closing price at 78 yuan, an increase of 3.1 yuan, marking a second consecutive rise since its listing on May 13th. Despite a 6.75% year-on-year decrease in May consolidated revenue of 647 million yuan, the accumulated revenue for the first five months increased by 5.83% year-on-year to 3.222 billion yuan. With foreign investors showing interest, the stock price is expected to trend positively this week. External factors such as high selling pressure compared to buying may influence future movements, but overall, the company shows signs of potential growth.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis