Lai Si Enterprise Holding Ltd. (HK:2266) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Lai Si Enterprise Holding Ltd. anticipates a profit turnaround, expecting a profit after tax of MOP 4-6 million for the period ending June 30, 2024, in stark contrast to the MOP 9.4 million loss a year earlier. This positive shift is credited to increased turnover and gross profit, alongside a higher reversal of expected credit loss. Shareholders and potential investors are cautioned to wait for the official interim results announcement due on August 29, 2024, as current figures are preliminary and unaudited.
For further insights into HK:2266 stock, check out TipRanks’ Stock Analysis page.