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Gangyu Smart Urban Foresees Profitable Half Year

Gangyu Smart Urban Foresees Profitable Half Year

Orient Victory Travel Group Company Limited (HK:0265) has released an update.

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Gangyu Smart Urban Services Holding Limited anticipates a profitable first half for 2024, with a projected pre-tax profit between HK$19 million to HK$24 million, signifying an improvement from the previous year’s HK$18.5 million. This positive financial outlook is attributed to decreased losses in trade receivables and reduced administrative expenses. Investors are advised to await the official interim results for a more detailed financial picture.

For further insights into HK:0265 stock, check out TipRanks’ Stock Analysis page.

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