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Hangzhou Greatstar Industrial Co: Revenue and profit surged over 35% year-over-year, led by tools and power tools growth

Hangzhou Greatstar Industrial Co: Revenue and profit surged over 35% year-over-year, led by tools and power tools growth

Hangzhou Greatstar Industrial Co., Ltd. Class AApril 22, 20254
Hangzhou Greatstar Industrial Co: Revenue and profit surged over 35% year-over-year, led by tools and power tools growth

About this update from Hangzhou Greatstar Industrial Co., Ltd. Class A

Operating income rose 35% to RMB 14.80 billion and net profit grew 36% to RMB 2.30 billion, driven by strong tool and power tool sales in North America and Europe. Strategic acquisitions, robust R&D, and global supply chain expansion supported growth, while risks remain from tariffs, FX, and raw material costs.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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