DL Holdings Projects Major Profit Rebound

DL Holdings Group Limited (HK:1709) has released an update.

DL Holdings Group Limited anticipates a significant turnaround with an expected profit of over HK$80 million for the year ending March 31, 2024, in stark contrast to the HK$49.2 million net loss reported the previous year. The improvement is attributed to factors such as one-off losses not recurring, better performance in the apparel segment, growth in their multi-family offices, and increased profits from investment management and advisory services. Shareholders and potential investors are cautioned to await the final audited results due by June 2024 before making any investment decisions.

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