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HORIZONROBOT-W Swells 6.2% on Confidence in Maintaining GPM Above 60%
Recommend 26 Positive 27 Negative 17 |
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HORIZONROBOT-W (09660.HK) opened flat today, and later peaked at $7.87. It last printed at $7.7, swelling 6.21%, with 82.2239 million shares traded, involving $631 million. The Company announced its results, swinging a profit into a loss of RMB10.469 billion for the full year. However, the Company’s chairman and CEO said at the earnings conference that, based on an average revenue growth rate of 60%, the Company is confident in maintaining a high gross margin level of over 60% in the coming years. AASTOCKS Financial News |
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