Understanding the Market | KARRIE INT'L rises over 10% again, with a cumulative increase of nearly 1.7 times this month as the company enters NVIDIA's supplier list
KARRIE INT'L has risen over 10% again, with a cumulative increase of nearly 170% this month. As of the time of writing, it is up 9.21%, priced at HKD 2.49, with a trading volume of HKD 19.9281 million. On the news front, KARRIE INT'L recently announced that it has been included in NVIDIA's list of qualified suppliers for server chassis and cabinet components, as well as the recommended supplier list. In addition, the group is also working to deliver more prototype products to NVIDIA in the coming months to support its artificial intelligence server platform and data center deployment. Notably, KARRIE INT'L previously released its annual results for the year ending March this year, reporting annual revenue of HKD 3.231 billion, a year-on-year increase of 11%; net profit of HKD 204 million, a year-on-year increase of 21%. The annual growth was mainly driven by the rapid expansion of generative artificial intelligence applications, significantly boosting global demand for high-performance servers. KARRIE INT'L's assistant chairman, He Weihuan, stated in July this year that the group is actively engaging with NVIDIA
According to the Zhitong Finance APP, KARRIE INT'L (01050) has risen over 10% again, with a cumulative increase of nearly 170% this month. As of the time of publication, it is up 9.21%, priced at HKD 2.49, with a transaction volume of HKD 19.9281 million.
On the news front, KARRIE INT'L recently announced that the company has been included in NVIDIA's list of qualified suppliers for server chassis and cabinet components, as well as the recommended supplier list. In addition, the group is also working to deliver more prototype products to NVIDIA in the coming months to support its artificial intelligence server platform and data center deployment.
It is worth noting that KARRIE INT'L previously released its annual results for the year ending in March this year, reporting annual revenue of HKD 3.231 billion, a year-on-year increase of 11%; net profit of HKD 204 million, a year-on-year increase of 21%. The annual growth was mainly driven by the rapid expansion of generative artificial intelligence applications, significantly boosting global demand for high-performance servers. KARRIE INT'L's assistant chairman, He Weihuan, stated in July this year that the group is actively engaging with NVIDIA
