HK Stock Market Move | FUTURE MACH LTD (01401) opened more than 7% higher after positive results, with an expected annual comprehensive net profit increase of approximately 156% compared to the previous year.

FUTURE MACH LTD (01401) opened more than 7% higher after the Chinese New Year, and as of the time of writing, it has increased by 7.14% to HK$1.2, with a turnover of HK$252,000. On the news front, on February 5th, FUTURE MACH LTD announced that the group expects to earn approximately RMB 4.4 billion for the year ending December 31, 2025, an increase of about 51% from the RMB 2.917 billion earned for the year ending December 31, 2024. The group expects the comprehensive net profit for the reporting period to be no less than RMB 40 million, an increase of about 156% from the approximately RMB 15.6 million for the year ending December 31, 2024. The announcement stated that the significant increase in revenue during the reporting period was mainly due to an increase of approximately RMB 530 million in mobile phone sales and approximately RMB 950 million in sales of IoT-related products. During the reporting period, the group's long-term customers continued to place substantial orders for new models of mobile phones and tablets. In addition, the group's two-wheeled electric vehicles and law enforcement products have quickly gained market favor, with significant revenue growth during the reporting period contributing additional profits to the group.