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Selected announcements | XIABUXIABU expects a revenue decline of 20% in 2024; Nayuki's Tea expects an adjusted net loss of approximately 0.88 billion yuan to 0.97 billion yuan in 2024.
UNITEDENERGY GP: It is expected to make a profit of 1.4 billion to -1.65 billion HK dollars in 2024, achieving a turnaround from losses compared to the previous year.
Ming Fai International's Profit to Rise in 2024
MING FAI INT'L (03828.HK) profit warning: Expected net profit for the fiscal year 2024 to be no less than 0.14 billion Hong Kong dollars.
On March 7, Gelonghui reported that MING FAI INT'L (03828.HK) announced that the group expects to record a profit attributable to the owners of the company not less than 0.14 billion HKD for the fiscal year ending December 31, 2024 (2023 fiscal year: approximately 0.1042 billion HKD). The increase in profit attributable to the owners of the company for the fiscal year 2024 is mainly due to (i) an increase in demand in the tourism, sightseeing and Aviation industries, resulting in increased revenue from the hotel's supply business and operational supplies and equipment business; and (ii) an improvement in gross margin as the group has implemented multiple measures (including strengthening cost control and focusing on the expansion of high gross margin products sales).
Express News | Ming Fai International - Expected Result Due to Increase in Revenues of Hospitality Supplies Business in FY, Others
Express News | Ming Fai International Holdings Ltd Sees Profit Attributable for Year of Not Less Than HK$140 Mln
Ming Fai International Logs 14% Boost in Nine-Month Revenue
