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300979

300979
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LongbridgeAI

HLIG: The new factory in Indonesia has not yet achieved profitability

Zhitong
Jun 2, 2025 at 01:05 PM

HLIG recently stated during an institutional survey that there have been no instances of customers significantly canceling or reducing orders due to tariff reductions. From the overall shipping pace of the company, there have been no major changes. The company is currently in a production peak season, with a full order book, and all factories are operating normally to ensure timely delivery. The new factory in Indonesia is still in the early stages of production and has not yet achieved profitability. The current production progress and initial operational situation of the Indonesian factory align with the company's estimates. In terms of profit margins, it is expected that once the Indonesian factory is fully operational, there will not be significant differences compared to the Vietnamese factory

Source: Zhitong The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

HLIG

HLIG

300979.SZ

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