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Gome Finance Expects Profitable Turnaround in 2024
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Gome Finance Expects Profitable Turnaround in 2024

Gome Finance Technology Co (HK:0628) has released an update.

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Gome Finance Technology Co., Ltd. anticipates a significant profit for the first half of 2024, projecting earnings between RMB23 million to RMB26 million, a positive shift from a loss in the same period of the previous year. The company attributes this improvement to an increase in financial services business and a reduction in exchange losses due to more stable foreign exchange rates. However, these preliminary figures are subject to change as they have not yet been audited, and the final report is set to be released by the end of August 2024.

For further insights into HK:0628 stock, check out TipRanks’ Stock Analysis page.

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