aac tech (02018) increased by more than 3% again, as of the time of writing, it rose 2.19%, priced at 37.3 Hong Kong dollars, with a transaction volume of 33.4347 million Hong Kong dollars.
Zhitong Finance APP learned that aac tech (02018) increased by more than 3% again, as of the time of writing, it rose 2.19%, priced at 37.3 Hong Kong dollars, with a transaction volume of 33.4347 million Hong Kong dollars.
China Merchants International released research reports stating that during the investor conference call held by the bank recently, the company's management revealed in the meeting their optimistic view on the continuous upgrading of acoustic, optical, and haptic technology for smart phones in the second half of this year, and predicted that the slight recovery trend in smart phone demand will continue until 2025.
The management reiterated the growth guidance for 2024 during the meeting, which includes an expected revenue growth of 15% year-on-year and an improvement in gross margin in the second half compared to the first half of the year. Anticipating that product upgrades and profit expansions will continue to drive aac tech's performance positively, the bank has raised the company's earnings per share forecasts for 2024 to 2026 by 6% to 8% to reflect product upgrades, margin improvements, and the AI specification upgrades in the coming year.