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Yee Hop Holdings Ltd. Projects Significant Profit Growth for FY 2025

Story Highlights
  • Yee Hop Holdings expects increased profit due to higher revenue from core construction activities.
  • Losses in health innovation rise due to increased R&D and staffing costs.
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Yee Hop Holdings Ltd. Projects Significant Profit Growth for FY 2025

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Yee Hop Holdings Ltd. ( (HK:1662) ) has shared an announcement.

Yee Hop Holdings Ltd. has announced a positive profit alert, expecting a significant increase in profit for the fiscal year ending March 2025, attributed to increased revenue from core construction activities and improved occupancy in its premises revitalization business. However, the company also reported increased losses in its health and environmental innovation sector due to higher R&D and staffing costs, and an increase in impairment loss on investment properties.

More about Yee Hop Holdings Ltd.

Yee Hop Holdings Ltd. operates in the construction industry, focusing on foundation and civil works, tunneling, and premises revitalization. The company is involved in substantial projects and is expanding its health and environmental innovation business.

Average Trading Volume: 247,433

Technical Sentiment Signal: Hold

Current Market Cap: HK$950M

For a thorough assessment of 1662 stock, go to TipRanks’ Stock Analysis page.

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