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King’s Flair International (Holdings) Limited ( (HK:6822) ) just unveiled an update.
King’s Flair International (Holdings) Limited announced a significant financial turnaround, expecting to shift from a loss of approximately HK$13.6 million in 2023 to a profit between HK$20 million and HK$25 million for the year ending December 2024. This positive change is driven by a 20% to 25% increase in revenue due to rising customer orders in the U.S. and a reduction in fair value loss on investment property, alongside a recovery from previous impairment losses.
More about King’s Flair International (Holdings) Limited
King’s Flair International (Holdings) Limited is a company incorporated in the Cayman Islands, focusing on the manufacturing and distribution of personalized products, with a significant market presence in the United States.
YTD Price Performance: -4.76%
Average Trading Volume: 100,905
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$280M
For an in-depth examination of 6822 stock, go to TipRanks’ Stock Analysis page.