Brief News: HIPINE forecasts a net profit of 90 million yuan for the first 11 months
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Shenzhen HIPINE Precision Technology Co., Ltd. announced a net profit exceeding 90 million yuan as of November 30, compared to 49 million yuan for the entire last year, and expects annual profits to further increase. The improvement in profits is due to increased sales revenue from accessories and an improvement in the gross profit margin of watch products. The company's stock price opened higher on Wednesday but turned down 1.52%
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