Travel Expert (Asia) Enterprises Limited (HK:1235) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Travel Expert (Asia) Enterprises Limited anticipates a profitable year-end, with a projected profit of no more than HK$9.2 million, marking a significant turnaround from the previous year’s HK$2.2 million loss. This positive shift is credited to a substantial upswing in the travel sector, which has recovered from the negative impacts of the COVID-19 pandemic. Investors are advised to exercise caution when trading shares, as these preliminary figures have not yet been audited.
For further insights into HK:1235 stock, check out TipRanks’ Stock Analysis page.