China Apex Group Forecasts Significant Profit Surge

China Apex Group Ltd. (HK:2011) has released an update.

China Apex Group Ltd. expects a substantial profit increase for the first half of 2024, estimating approximately HK$10.85 million compared to HK$3.39 million in the same period of 2023. This growth is largely due to the recent addition of a property management business, contributing around HK$45.27 million in revenue, despite some offsets such as disposal losses and increased tax expenses. Investors are encouraged to exercise caution as these preliminary figures are not yet finalized.

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