Green Future Food Hydrocolloid Marine Science Co., Ltd. (HK:1084) has released an update.
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Green Future Food Hydrocolloid Marine Science Co., Ltd. expects a net profit of RMB 20-25 million for the first half of 2024, signaling a noteworthy recovery from a loss of RMB 85.3 million in the previous year. This positive turnaround is attributed to the stabilization of seaweed material prices and improved sales of carrageenan and agar-agar products. Investors are urged to exercise caution when dealing with the company’s shares until the interim results are officially released.
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