AV Concept Holdings Expects Profit Surge

AV Concept Holdings Limited (HK:0595) has released an update.

AV Concept Holdings Limited anticipates a robust increase in profits, projecting a rise of at least 160% for the year ended March 31, 2024, compared to the previous year. This surge is attributed to higher demand and prices for semiconductor components, improved gross profits, and better performance from joint ventures. The company cautions that these preliminary results are unaudited and subject to change, advising shareholders and investors to await the audited annual results due on June 20, 2024.

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