Shenyang Public Utility Holdings Co. Ltd. Class H (HK:0747) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Shenyang Public Utility Holdings Co. Ltd. has announced a positive profit alert, indicating an expected net profit of RMB1.7 to RMB2.0 million for the first half of 2024, a significant turnaround from the RMB4.6 million net loss in the same period of the previous year. This optimistic forecast is largely due to increased revenue and gains from asset disposal. Investors are cautioned to await the official interim results due in August 2024 for a more accurate financial assessment.
For further insights into HK:0747 stock, check out TipRanks’ Stock Analysis page.