Tsui Wah Holdings Ltd. (HK:1314) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
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.
For further insights into HK:1314 stock, check out TipRanks’ Stock Analysis page.