GHW International Forecasts Profit Surge

GHW International (HK:9933) has released an update.

GHW International has announced a positive profit alert, expecting to report a net profit of approximately RMB4 million for the first half of 2024, a significant increase from the RMB1 million reported in the same period of the previous year. The rise in profits is primarily due to higher gross profits from self-manufactured fine chemical products, despite facing challenges such as currency depreciation, increased shipment costs, and higher administrative expenses. The full interim results will be published by the end of August 2024.

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