Glorious Sun Foresees Significant Profit Surge

Glorious Sun Enterprises Limited (HK:0393) has released an update.

Glorious Sun Enterprises Limited anticipates a notable increase in profits and dividend payouts for the first half of 2024, with profits for equity holders expected to rise by at least 39% and interim dividends by 70% compared to the same period in 2023. This optimistic financial outlook is largely attributed to increased dividend income from the Group’s investments in major PRC commercial banks. However, the company urges shareholders and potential investors to exercise caution and await the official interim results announcement due around August 21, 2024.

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