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B & S International Expects Higher Annual Profits

B & S International Expects Higher Annual Profits

B & S International Holdings Ltd. (HK:1705) has released an update.

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B & S International Holdings Ltd. anticipates a substantial profit increase for the fiscal year ending March 31, 2024, projecting profits between HK$33.0 million to HK$34.0 million, up from HK$27.8 million the previous year. The growth is attributed to the successful introduction of new products and increased sales in both distribution and retail sectors, bolstered by Hong Kong’s post-COVID-19 economic recovery. Shareholders and potential investors are cautioned to exercise prudence when dealing with the company’s shares.

For further insights into HK:1705 stock, check out TipRanks’ Stock Analysis page.

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