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Apex Ace Holding Ltd. ( (HK:6036) ) has provided an announcement.
Apex Ace Holding Limited has announced a positive profit alert, expecting a net profit ranging from HK$1.0 million to HK$5.0 million for the fiscal year 2024, a significant turnaround from the HK$16.2 million net loss recorded in 2023. This improvement is attributed to increased gross profit from better sales performance and higher other income, despite rising selling expenses and finance costs, indicating a positive shift in the company’s financial health.
More about Apex Ace Holding Ltd.
Apex Ace Holding Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It is listed on the Stock Exchange of Hong Kong and focuses on providing various technological products and services.
YTD Price Performance: -11.59%
Average Trading Volume: 1,341,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$655.8M
For a thorough assessment of 6036 stock, go to TipRanks’ Stock Analysis page.