Herald Holdings Limited (HK:0114) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Herald Holdings Limited has announced an expected significant increase in net profit, ranging from HK$25 million to HK$30 million for the first half of 2024, up from HK$8.2 million in the same period last year. This positive outlook is attributed to gains from trading securities and cost-saving measures. However, the company remains cautious about the second half due to geopolitical tensions and increased industry competition.
For further insights into HK:0114 stock, check out TipRanks’ Stock Analysis page.