Lai Si Enterprise Holding Ltd. (HK:2266) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.