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Hong Kong stocks movement | HORIZON CD (09930) is up nearly 7%, with overall revenue in the first quarter showing year-on-year growth and overseas business revenue significantly increasing year-on-year.
HORIZON CD (09930) is currently up nearly 7%, as of the time of writing, it has risen by 6.8%, priced at 1.11 Hong Kong dollars, with a transaction amount of 1.4558 million Hong Kong dollars.
Horizon Construction Development Forecasts Narrower Loss in Q1
HORIZON CD (09930.HK) maintained revenue growth in the first quarter compared to the same period last year, with the number of overseas outlets increasing to 59.
On April 14, Gelonghui reported that HORIZON CD (09930.HK) issued an announcement for the first quarter of 2025. As industries in China gradually resumed work after the Spring Festival, the rental rate of the group's main categories of equipment continued to rise (with the rental rate of aerial work platforms at approximately 78% by the end of the season). The overall revenue for the first quarter maintained growth compared to the same period last year, with overseas business revenue significantly increasing compared to last year, accounting for over 15% of total revenue. At the same time, the group's business is usually relatively quiet before and after the Spring Festival, resulting in a seasonal loss attributable to ordinary Shareholders in the first quarter, but the
Guotai Junan: Excavator growth of 18.5% in March, with significant improvements in working hours and utilization rate.
Overall, in 2025, the Construction Machinery Industry faces both opportunities and challenges, with opportunities outweighing risks.
Hong Kong Stock Concept Tracking | In January and February, excavator exports surged year-on-year, Institutions are Bullish on the domestic Construction Machinery exceeding expectations recovery (including Concept stocks).
CME predicts that domestic excavator sales will increase by 22% year-on-year in March.
HORIZON CD: Annual Report 2024
Non-Executive Director of Horizon Construction Development Ziming He Buys 1.3% More Shares
