BaTeLab Forecasts At Least 37% Higher Profit in 2024

MT Newswires Live

2025/03/04

BaTeLab (HKG:2149) expects a minimum net profit of 149.9 million yuan for 2024, 37% higher than 109.2 million yuan in 2023, a Friday Hong Kong bourse filing said.

The circuit-patterned wafers company attributed the expected increase to stronger product sales, reduced research and development costs, and higher volume of orders.

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