Yuk Wing Group Holdings Ltd. (HK:1536) 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.
Yuk Wing Group Holdings Ltd. has announced an expected turnaround to a net profit of at least HK$5.0 million for the six months ending September 2024, compared to a loss of HK$7.0 million in the same period in 2023. This positive change is driven by increased construction activities and a rise in demand for their products in the Hong Kong market. Investors are advised to await the final interim results due in November 2024.
For further insights into HK:1536 stock, check out TipRanks’ Stock Analysis page.