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Water Oasis Group ( (HK:1161) ) just unveiled an update.
Water Oasis Group Limited has issued a positive profit alert, indicating a significant increase in expected profits for the six months ending March 2025. The anticipated profit, ranging from HK$52.0 million to HK$56.0 million, marks an improvement from the HK$40.1 million recorded in the same period the previous year, primarily due to the absence of a non-cash goodwill impairment that affected the prior period’s results.
More about Water Oasis Group
Water Oasis Group Limited is a company incorporated in the Cayman Islands, operating in the beauty and wellness industry. The company, along with its subsidiaries, focuses on providing beauty services and products, catering to a diverse market in Hong Kong.
Average Trading Volume: 603,381
Technical Sentiment Signal: Buy
Current Market Cap: HK$714.6M
Learn more about 1161 stock on TipRanks’ Stock Analysis page.