SEHK:2038Electronic
FIH Mobile (SEHK:2038) Posts USD 6 Million Net Income Reversing Last Year's Loss
FIH Mobile (SEHK:2038) reported a strong quarter, announcing half-year sales of USD 2,061 million and a net income of USD 6 million, a reversal from last year's loss. This positive performance aligned with a 80.04% share price increase over the last quarter. The company's earnings turnaround may have contributed to this substantial rise. Meanwhile, broader market trends saw U.S. stock indexes reach record highs fueled by inflation data and anticipated interest rate cuts from the Federal...