Changes in Hong Kong stocks | Eston (02715) rose more than 7%, and net profit for the first half of the year is expected to reach a maximum of 26 times year-on-year

The Zhitong Finance App learned that Eston (02715) rose more than 7%. As of press release, it had risen 7.68% to HK$22.72, with a turnover of HK$541 million.

According to the news, Eston recently announced that net profit for the first half of the year is expected to be 150 million to 180 million yuan, an increase of 2144.74% to 2593.68% over the previous year. The changes in performance were mainly due to the company's optimization of the product structure, cost reduction and efficiency and increased gross profit margin, the decline in the period expense ratio, and the completion of the restructuring of Nanjing process assets of participating companies to increase non-recurring profits and losses.

At the beginning of this month, Eston announced that the company's wholly-owned subsidiaries Eston Robotics and Dingtong Electromechanical intend to acquire 100% of the shares in Aston Cool in cash. After the transaction is completed, Eston Cool will be included in the consolidated statement. Currently, the acquisition is still in the preliminary planning stage. No specific terms have been determined, and no binding agreement has been signed.