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Zhong Ao Home Group Limited ( (HK:1538) ) has provided an announcement.
Zhong Ao Home Group Limited has issued a positive profit alert, indicating an expected increase in net profit and profit attributable to owners of the parent for the fiscal year 2024. The company anticipates a net profit of approximately RMB92 million, marking a 10% increase from the previous year, and a profit attributable to owners of the parent of approximately RMB89 million, an 11% rise. These gains are primarily due to increased revenue, gross profit, and decreased net impairment losses on financial assets. However, the results are preliminary and subject to final adjustments.
More about Zhong Ao Home Group Limited
Zhong Ao Home Group Limited is a company incorporated in the Cayman Islands, operating in the property management industry. The company, along with its subsidiaries, focuses on providing property management services and related solutions.
Average Trading Volume: 368,818
Technical Sentiment Signal: Buy
Current Market Cap: HK$252.1M
See more insights into 1538 stock on TipRanks’ Stock Analysis page.