Smart-Core Holdings Ltd. (HK:2166) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Smart-Core Holdings Limited has issued a positive profit alert, anticipating an impressive increase of no less than 180% or HK$23 million in profit for the first half of 2024 compared to the same period in 2023. This surge in profitability is primarily due to reduced finance costs and improved inventory and debtor turnover rates. Investors are advised to exercise caution when dealing in the company’s securities.
For further insights into HK:2166 stock, check out TipRanks’ Stock Analysis page.