Shougang Century Forecasts Profit Rise for H1 2024

Shougang Concord Century Holding Ltd. (HK:0103) has released an update.

Shougang Century Holdings Limited has announced a positive profit alert, revealing an expected profit after tax of no less than HK$40 million for the first half of 2024, which reflects an increase from the previous year’s HK$31.14 million over the same period. This financial growth is primarily due to an increase in turnover. Investors are cautioned to be prudent when dealing with the company’s shares, as the interim financial results are preliminary and subject to further review.

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