Emerging Companies XinHsing and BaiHe Show Positive Profit Growth for 2024

Reported 3 months ago

XinHsing (2605) and BaiHe (9938) are under favorable evaluations from investors, with XinHsing expected to reach a ten-year profit high due to strong demand in bulk and oil tanker shipping. BaiHe benefits from major clients like Adidas, seeing significant growth in knitted fabrics. Analysts predict XinHsing's earnings per share (EPS) could reach 2.57 this year, while BaiHe's EPS may hit 5.1, reflecting substantial operational improvements.

Source: YAHOO

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