Chervon Holdings Projects Profits Amid Strong Sales Growth
Company Announcements

Chervon Holdings Projects Profits Amid Strong Sales Growth

Chervon Holdings Limited (HK:2285) has released an update.

Chervon Holdings Limited has issued a positive profit alert, projecting a net profit of approximately $100 million for the first nine months of 2024, marking a remarkable increase from $23 million in the same period last year. The surge is attributed to strong sales performance, accelerated revenue growth, improved gross profit margins, and optimized operating expenses. This performance boosts the company’s confidence in achieving a 20% revenue growth target for the full year 2024.

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