Capital Estate Limited (HK:0193) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Capital Estate Limited has announced a significant turnaround, expecting a profit of at least HK$4 million for the year ending July 2024, compared to a HK$30 million loss the previous year. This improvement is attributed to increased revenue from hotel operations, property sales, and a substantial profit from an associate. Investors are advised to be cautious as these figures are preliminary and unaudited.
For further insights into HK:0193 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue