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Cosmo Lady (02298) rose by more than 23% after the profit surge. The company's net profit in the first half of the year is expected to increase more than two times.
Cosmo Lady (02298) soared by as much as 23%. As of press time, it rose by 19.47%, to HKD 0.227, with a turnover of HKD 1.0184 million.
Cosmo Lady announces profit, expecting mid-term shareholder earnings to increase by no less than 200% year on year.
Cosmo Lady (02298) announced that it is expected that the profit attributable to owners of the company for the six months ending on June 30, 2024 will increase by no less than 200% compared to the same period in 2023, with an approximate amount of RMB 26.129 million.
Cosmo Lady Schedules Board Meeting for Interim Results
Cosmo Lady (02298.HK) plans to hold a board of directors meeting on August 27 to approve its mid-year performance.
Cosmo Lady (02298.HK) announced on August 13th that the board of directors will hold a meeting on August 27, 2024 (Tuesday) to consider and approve the unaudited interim results of the company and its subsidiaries for the six months ending on June 30, 2024, as well as to consider the distribution of interim dividends (if any).
Cosmo Lady (02298.HK) YING XI: Expected mid-term profit increase of no less than 200%.
On August 13th, Gelonghui announced that Cosmo Lady (02298.HK) is expected to achieve a profit of no less than RMB 26,129,000 for the six-month period ending on June 30, 2024, an increase of over 200% compared to the same period in 2023. The growth in profits attributable to shareholders of the company during this period is mainly due to (i) successful cooperation with joint venture partners to expand its e-commerce business, thereby increasing the brand market share and value, and improving the operational performance of the group; (ii) effective cost control and efficiency improvement also further reducing the group's operating costs.
Express News | Cosmo Lady (China) - Expected Result Due to Cooperation With Group's Partners to Expand E-Commerce Business, Others
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Lobo Negro : Will this be a profitable stock
Lobo Negro : Short term or long term
Lobo Negro : I see a profitable fluctuation just new to HK stocks and I’m all about profit gains rather then losses