NVC International Forecasts Major Profit Surge

NVC International Holdings Ltd. (HK:2222) has released an update.

NVC International Holdings Limited anticipates a substantial increase in net profit, expecting to report up to $10 million for the first half of 2024, compared to $1.823 million in the same period of 2023. This financial improvement is primarily attributed to normalizing shipping costs and effective cost control measures that have led to reduced operating expenses. The company urges shareholders and potential investors to exercise caution and await the detailed interim results to be published by the end of August 2024.

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