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Q P Group Holdings Limited ( (HK:1412) ) has shared an update.
Q P Group Holdings Limited has issued a positive profit alert, forecasting a significant increase in profits for the fiscal year ending December 31, 2024, with expected consolidated profits ranging from HK$115.0 million to HK$135.0 million, compared to HK$80.1 million in 2023. This improvement is attributed to increased demand for their tabletop game and greeting card products, enhanced operational efficiencies, and better economies of scale, although partially offset by higher administrative expenses.
More about Q P Group Holdings Limited
Q P Group Holdings Limited is a company incorporated in the Cayman Islands, focusing on the production of tabletop game products and greeting cards. The company operates within the original equipment manufacturer (OEM) sector and emphasizes web sales to drive economies of scale.
YTD Price Performance: -2.68%
Average Trading Volume: 297,687
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$579.9M
For a thorough assessment of 1412 stock, go to TipRanks’ Stock Analysis page.