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An update from Green Leader Holdings Group Limited ( (HK:0061) ) is now available.
Green Leader Holdings Group Limited has announced a positive profit alert, expecting a significant turnaround with a profit of not less than HK$1,350 million for the year ending December 2024, compared to a loss in the previous year. This improvement is primarily due to a gain from the deemed disposal of subsidiaries. The company is also realigning its business strategy by ceasing its coal trading operations to focus on its core coal processing and sales business, aiming to drive sustainable growth and improve profit margins.
More about Green Leader Holdings Group Limited
Green Leader Holdings Group Limited is involved in the coal industry, focusing on coal processing, mixing, and sales. The company aims to enhance operational efficiency through strategic initiatives, including upgrading equipment and incorporating advanced technologies.
YTD Price Performance: 13.33%
Average Trading Volume: 244,726
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$33.68M
For a thorough assessment of 0061 stock, go to TipRanks’ Stock Analysis page.