Tsui Wah Expects Profit Rebound in 2024

Tsui Wah Holdings Ltd. (HK:1314) has released an update.

Tsui Wah Holdings Limited anticipates a notable profit of up to HK$42 million for the fiscal year ending March 2024, driven by a strong rebound in its China and Macau operations post-COVID downturn. This expected gain comes despite the company’s previous year’s profits being bolstered by a one-time property disposal. Investors are cautioned to be prudent, as the final audited results, which may vary, are set to be released by the end of June 2024.

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