ICO Group Reports Rising Profits in FY2024

ICO Group Limited (HK:1460) has released an update.

ICO Group Limited has announced a positive profit alert, indicating an expected unaudited consolidated profit of no less than HK$14 million for the fiscal year ended March 31, 2024, which is an increase from the previous year’s HK$11 million. This rise in profits is primarily due to the growth in revenue from the company’s IT application, solution development, and infrastructure solutions services. Investors are urged to exercise caution as these figures are preliminary and subject to finalization and audit.

For further insights into HK:1460 stock, check out TipRanks’ Stock Analysis page.