Apple supplier Cowell e Holdings climbs on robust earnings outlook
03/08/2026 07:23
BUZZ-Apple supplier Cowell e Holdings climbs on robust earnings outlook ** Shares of Cowell e Holdings Inc 1415.HK climb 5.1% to HK$21.66, on track for the biggest one-day pct gain since June 29
** Stock touches the highest point since July 28 in the second rising session
** Precision optical modules provider expects its H1 profit to increase 27%-40% y/y to $85 mln-$94 mln
** Expects revenue to rise to $1.53 bln-$1.69 bln range from $1.36 bln a year ago
** The Apple supplier says the improvement in profit was due to increase in camera module sales, improved production yield and efficient cost management
** YTD, stock down 22.9%, Hang Seng TECH Index .HSTECH down 12.2%
(Reporting by Donny Kwok)
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