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WK Group to See Boost in January-June Profit; Shares Up 3%
Hung Kai Group announces profit growth, with expected mid-term net profit increase of not less than HKD12.5 million year-on-year.
Hongji Group (02535) announced that the Group is expected to achieve a net profit of not less than 12.5 million Hong Kong dollars during the reporting period (six months ending on June 30, 2024), while the net profit for the six months ended June 30, 2023 was about 9.3 million Hong Kong dollars. The announcement stated that the increase in net profit was mainly due to the increase in revenue from relatively large-scale projects during the reporting period, such as a private commercial development project in Causeway Bay, with an estimated contract amount of about 0.388 billion Hong Kong dollars; a private commercial development project in Central, with an estimated contract amount of about 55 million Hong Kong dollars; and an infrastructure and public
WK Group Foresees Profit Surge in First Half of 2024
Hongji Group (02535) announces profit growth, with expected mid-term net profit of no less than 12.5 million Hong Kong dollars, a year-on-year increase.
Hongji Group (02535) announced that the group is expected to achieve a net profit of not less than 1.2 billion yuan for the reporting period (ending June 30, 2024) and not less than 1.6 billion yuan for the same period of the previous year.
Express News | WK Group (Holdings) - Expected Result Due to Increase in Revenue Derived From Projects With Relatively Larger Scale, Others
Express News | WK Group (Holdings) Sees Net Profit of Not Less Than HK$12.5 Mln for Six Months
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