Vico International Holdings Ltd. (HK:1621) 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.
Vico International Holdings Ltd. has issued a positive profit alert, anticipating a significant increase in net profit to between HK$15.0 million and HK$19.0 million for the year ended 31 March 2024, up from HK$8.8 million the previous year. The boost in profits is primarily due to enhanced diesel sales and reduced expenses exceeding HK$7.0 million. Shareholders and investors are advised to look forward to the detailed annual results expected to be published by the end of June 2024, and to exercise caution when dealing with company shares.
For further insights into HK:1621 stock, check out TipRanks’ Stock Analysis page.