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International Genius Company Announces Positive Profit Alert Amid Strategic Acquisition

Story Highlights
  • International Genius Company expects a profit between HK$4-5 million for the period ending December 2024.
  • The profit turnaround is due to the acquisition of Deep Neural Computing, boosting investment management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
International Genius Company Announces Positive Profit Alert Amid Strategic Acquisition

Confident Investing Starts Here:

The latest announcement is out from International Genius Company ( (HK:0033) ).

International Genius Company has issued a positive profit alert, signaling a significant financial turnaround for the six months ending December 31, 2024, with an expected profit before tax between HK$4 million and HK$5 million. This improvement is attributed to the successful integration of Deep Neural Computing Company Limited, acquired in March 2024, into its tech-driven investment management operations. The results are based on unaudited accounts, and stakeholders are advised to exercise caution as the final figures may differ.

More about International Genius Company

International Genius Company is a tech-driven investment management firm operating in the financial services industry, primarily focusing on innovative technology solutions. The company has recently expanded its market scope by acquiring Deep Neural Computing Company Limited, enhancing its investment management capabilities.

YTD Price Performance: 27.80%

Average Trading Volume: 937,534

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$1.85B

For an in-depth examination of 0033 stock, go to TipRanks’ Stock Analysis page.

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