EPI Forecasts Boost in H1 Profit; Shares Surge 11%
MT Newswires Live
Aug 22
EPI (HKG:0689) expects an attributable profit of at least HK$10 million in the first half of 2025, up from HK$1 million a year prior, a late Thursday Hong Kong bourse filing said.
Shares of the oil explorer were up nearly 11% in Friday afternoon trading.
The firm attributed the forecast to the recognition of an exchange gain.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.