KPa-BM Holdings Ltd (HK:2663) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
KPa-BM Holdings Limited anticipates a strong financial performance with an expected increase of over 20% in consolidated net profit after tax, reaching approximately HK$45 million for the fiscal year ending March 31, 2024. This surge is attributed to higher revenue from accelerated project progress and the acquisition of new contracts and variations in existing ones. Investors are advised to exercise caution and await the detailed annual results expected by the end of June 2024.
For further insights into HK:2663 stock, check out TipRanks’ Stock Analysis page.