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MILLENNIUM PG (08147.HK) expects to return to profit in 2024.
Glory Holdings announced on March 24 that MILLENNIUM PG (08147.HK) expects to achieve net profit for the year ended December 31, 2024, compared to losses recorded in the same period of 2023. The shift from a recorded loss to a net profit is primarily due to (i) increased revenue from the sale of finished products and the distribution of specialty Dairy Products and health foods, leading to an increase in gross profit; and (ii) after the sale of an associate, no losses from the associate of approximately HKD 13.961 million are expected to be recognized for the year ended December 31, 2023.
Express News | Millennium Pacific - Turnaround Due to Increased Revenue From Sales and Distribution for FY
Express News | Millennium Pacific Group Holdings Ltd - Expects Net Profit for Year Ended Dec 2024
MILLENNIUM PG: POSITIVE PROFIT ALERT
MILLENNIUM PG (08147): Li Qi appointed as executive director and co-chairman of the Board of Directors.
MILLENNIUM PG (08147) announced that, starting from February 10, 2025, Mr. Li Qi has been appointed as the executive...
Express News | Millennium Pacific Group Holdings Ltd - Li Qi Appointed as Executive Director and Joint Chairman of Board
