Apex Ace Anticipates Profit Rebound in 2024

Apex Ace Holding Ltd. (HK:6036) has released an update.

Apex Ace Holding Limited has released a positive profit alert, indicating an expected net profit of HK$1.0 million to HK$5.0 million for the first half of 2024, a significant turnaround from a net loss of HK$17.9 million in the same period the previous year. The increase is attributed to improved sales performance, despite higher administrative expenses and finance costs. The company cautions that these preliminary figures are subject to finalization and advises shareholders and potential investors to await the official results to be announced on August 29, 2024.

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