Lai Si Enterprise Projects Profit Rebound

Lai Si Enterprise Holding Ltd. (HK:2266) has released an update.

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.