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Gangyu Smart Urban Services Projects Significant Profit Increase for 2024

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Gangyu Smart Urban Services Projects Significant Profit Increase for 2024

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Orient Victory Travel Group Company Limited ( (HK:0265) ) has provided an announcement.

Gangyu Smart Urban Services Holding Limited, a company listed on the Hong Kong Stock Exchange, has announced a positive profit alert for the year ending December 31, 2024. The company expects to report a profit attributable to equity holders between HK$47 million and HK$52 million, a significant increase from the HK$33.5 million reported in 2023. This increase is attributed to higher gross profits from the environmental hygiene sector due to reduced labor costs, compensation received for a terminated acquisition, and effective cost control measures.

More about Orient Victory Travel Group Company Limited

YTD Price Performance: -37.33%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €26.37M

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