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HP LIVING TECH: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Hang Pin Living Technology Expects to Post Profit in H1
hp living tech (01682.HK) Profit Joy: Expected midterm turnaround from loss to profit
On November 15, Glint Intelligence reported that hp living tech (01682.HK) announced that it expects the group to record a net profit of approximately 3.78 million HKD for the six months ending September 30, 2024, which represents a turnaround from an unaudited consolidated loss of about 2.15 million HKD in the same period of 2023. The profit turnaround is primarily attributable to (i) gains of approximately 5.49 million HKD from the fair value changes of financial assets measured at fair value through profit or loss; and (ii) a reduction in administrative and operational expenses.
Express News | Hang Pin Living Technology - Expected Result Due to Decrease in Administrative and Operating Expenses, Others
Express News | Hang Pin Living Technology H1 Net Income HKD 3.78 Million
HP LIVING TECH: POSITIVE PROFIT ALERT
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