After the market closed on May 10th, Italian luxury yacht manufacturer Ferretti (HK: 9638), listed in Hong Kong, released unaudited financial data for the first quarter of 2023. Benefiting from strong cumulative orders in 2022, the net income for the first quarter increased by 9.3% year-on-year to 280.3 million euros, while net profit surged by 42% to 18.6 million euros.
Alberto Galassi, the CEO of Ferretti Group, stated, “The luxury yacht market continues to see strong expansion and, once again, Ferretti Group shows vision and foresight, as witnessed by the important acquisitio …
