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VOBILE GROUP (03738) has turned a loss into a profit, with net profit expectations exceeding 0.11 billion. The annual report is expected to fully release performance increments.
VOBILE GROUP (03738) released a positive earnings forecast, anticipating a Net income of approximately 0.11 billion to approximately 0.15 billion Hong Kong dollars for the year ending December 31, 2024, achieving a turnaround from losses year-on-year.
VOBILE GROUP (03738.HK) profit alert: It is expected to record a profit of 0.11 billion to 0.15 billion Hong Kong dollars for the fiscal year 2024.
Gelonghui reported on March 25 that VOBILE GROUP (03738.HK) announced that for the year ending December 31, 2024, the group expects to record a profit of approximately 0.11 billion HKD to approximately 0.15 billion HKD, while for the year ending December 31, 2023, it recorded a loss of 0.2 million HKD. The expected increase in the group's profit is mainly attributed to the improvement in gross margin while maintaining strong revenue growth.
Express News | Vobile Group Ltd - Expects Net Profit of HK$110M-HK$150M for 2024
VOBILE GROUP: INSIDE INFORMATION - POSITIVE PROFIT ALERT
Zhitong Hong Kong Stocks Early Knowledge | Ministry of Commerce: Will organize the pilot reform of Autos circulation and Consumer. The Chinese concept stock Golden Dragon Index surged 4%, reaching a new high in over three years.
The three major US stock indexes closed up, and the Golden Dragon Index of Chinese concept stocks surged by 4%, reaching a new high in over three years.
Hong Kong stock market mid-term review | Hang Seng Index rose 1.32% in the morning session, with Mainland Real Estate stocks rising across the board.
BOCOM INTL believes that the Real Estate Industry has a clear goal to stabilize after the decline, and under a low base, attention should be paid to the subsequent performance of the "small spring" real estate market.