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Daphne International Holdings Projects Significant Profit Growth for 2024

Story Highlights
  • Daphne International Holdings anticipates a profit of no less than RMB100 million for 2024.
  • Growth driven by increased revenue, tax recoverable reversal, and deferred tax assets.
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Daphne International Holdings Projects Significant Profit Growth for 2024

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The latest announcement is out from Daphne International Holdings ( (HK:0210) ).

Daphne International Holdings Limited has issued a positive profit alert, projecting a profit of no less than RMB100 million for the year ending December 2024, marking a significant increase from the previous year. This anticipated growth is primarily driven by increased revenue from licensing fees and sales of goods, the reversal of impairment loss on value-added tax recoverable, and recognition of deferred income tax assets. The financial results are still being finalized, and stakeholders are advised to await the official annual results announcement expected by March 2025.

More about Daphne International Holdings

Daphne International Holdings Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Hong Kong Stock Exchange. It operates within an industry that focuses on generating revenue from licensing fee income and sales of goods.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $66.21M

Find detailed analytics on 0210 stock on TipRanks’ Stock Analysis page.

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