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Most Kwai Chung Ltd. ( (HK:1716) ) just unveiled an update.
Most Kwai Chung Limited has announced a positive profit alert, expecting a consolidated net profit of up to HK$7 million for the year ending March 2025, a significant turnaround from the previous year’s net loss of HK$9.3 million. This improvement is attributed to increased client numbers and marketing spending in its digital media services segment, revenue growth from performance events, and a fair value gain from acquiring a 31% stake in To Be Honest Limited.
More about Most Kwai Chung Ltd.
Most Kwai Chung Limited operates in the digital media services industry, focusing on providing digital marketing solutions and organizing performance events. The company is involved in a step acquisition to enhance its market presence.
Average Trading Volume: 116,952
Technical Sentiment Signal: Buy
Current Market Cap: HK$118.8M
For a thorough assessment of 1716 stock, go to TipRanks’ Stock Analysis page.