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Sheng Yuan Holdings Limited Projects Significant Profit for FY2024

Story Highlights
  • Sheng Yuan Holdings anticipates a net profit of at least HK$28 million for FY2024.
  • Revenue growth driven by financial and investment advisory agreements boosts financial performance.
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Sheng Yuan Holdings Limited Projects Significant Profit for FY2024

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Sheng Yuan Holdings Limited ( (HK:0851) ) has provided an announcement.

Sheng Yuan Holdings Limited has announced a positive profit alert, expecting a net profit of at least HK$28 million for the fiscal year ending December 31, 2024, compared to a net loss of approximately HK$27.8 million in the previous year. This anticipated turnaround is attributed to successful financial advisory and escrow services agreements, along with an investment advisory agreement signed in 2024, which have significantly boosted the company’s revenue and overall financial performance.

More about Sheng Yuan Holdings Limited

YTD Price Performance: -20.0%

Average Trading Volume: 5,325

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €20.91M

Learn more about 0851 stock on TipRanks’ Stock Analysis page.

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