Da Yu Financial Expects Substantial Profit Rise
Company Announcements

Da Yu Financial Expects Substantial Profit Rise

Da Yu Financial Holdings Limited (HK:1073) has released an update.

Da Yu Financial Holdings Limited has released a positive profit alert, expecting a significant increase in net profits of around HK$24 million for the six months ended June 30, 2024, marking an over 450% surge compared to the same period the previous year. This remarkable growth is attributed primarily to a rise in investment gains and an uptick in advisory and referral fee income. Investors are advised to await the detailed results announcement scheduled for publication by the end of August 2024, while exercising caution when dealing in the company’s shares.

For further insights into HK:1073 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App